24 Colony Street – Meriden, CT
63 Units- 273 Parking spaces- Secured CHFA debt, 9% LIHTC,
DOH deferred loan, and ctdot funding
*This project is a collaboration between Westmount Development Group, the Meriden Housing Authority, CT DOT and the City of Meriden. Westmount Development Group developed the property, is a member of the ownership entity, and Westmount Management, Inc. is the property manager. Geothermal heating, cooling is used throughout the property.
451 Putnam Ave. – Hamden, CT
17 Units of Permanent Supportive Housing funded by the Next Steps program through CHFA including rental subsidy and services subsidy. Sourced site, secured financing, developed.
*Closed loop geothermal system. HERS rating of 49, lowest in CHFA portfolio at time of completion.
Chamberlain Heights – Meriden, CT
124 units of LIHTC rehabilitation including 25 units of permanent supportive housing. Partner with MHA in ownership entity and property manager.
Chamberlain Heights is LEED/ Entergy Star certified.
*This project is a collaboration between Westmount Development Group, and the Meriden Housing Authority. Westmount Development Group is a member of the ownership entity and Westmount Management, Inc. is the property manager.
Park Ridge Apartments – New Haven, CT
160 units of elderly/disabled housing. Sourced and negotiated property acquisition for expansion, sourced financing, development consultant.
Hill Central - New Haven, CT
Hill Central is a 100% section 8 subsidized family property located in the heart of New Haven’s Hill neighborhood. Hill Central is made up of 40 three bedroom townhouse units.
*This property is owned and managed by Westmount.
Hill Central Redevelopment - Phase I
WESTMOUNT DEVELOPMENT GROUP IS REDEVELOPEDING HILL CENTRAL IN TWO PHASES. PHASE I CONSISTS OF THE 64 NEW UNITS RANGING FROM 1 - 4 BEDROOMS. FUNDING CONSISTS OF 9% LIHTC, TD BANK CONSTRUCTION DEBT, CHFA PERM DEBT, DOH FLEX AND HOME FUNDS, AND DEVELOPER EQUITY.
*This property is owned and managed by Westmount
Forest Court
FOREST COURT IS A 36, 1 AND 2 BEDROOM UNIT, 100% SECTION 8 SUBSIZDIZED PROPERTY IN UNIONVILLE (FARMINGTON) CT. WESTMOUNT PURCHASED AND RENOVATED THE PROPERTY COMPLETING THE PROJECT IN JUNE 2022. FOREST COURT IS WITHIN WALKING DISTANCE TO DOWNTOWN UNIONVILLE, ADJACENT TO THE FARMINGTON RIVER TRAIL, AND ONLY A FEW MILES FROM DOWNTOWN FARMINGTON AND WEST HARTFORD.
*This property is owned and managed by Westmount