Construction work has commenced on The Heights at Darien, a new housing community in Darien, Connecticut.
The project involves construction of 106 units of newly constructed public and affordable housing units, which will replace 40 existing units at the former site of Allen O’Neill Homes. The new community will include 23 new townhomes and a community center.
The project is being carried out through a unique partnership between private developers John McClutchy and Arthur Anderson, both of them are engaged in developing and managing low-income tax credit housing, and the Darien Housing Authority, the owner of the site.
The developers will incorporate sustainable features throughout the development with a target of a Silver LEED certification. A community center will be added to the site and each unit will include a washer and dryer and new Energy Star appliances.
Construction and permanent financing, as well as low income housing tax credit equity, was provided by Citi Community Capital, Citi’s community development lending and investing group. Additional sources of funding were provided by the Darien Housing Authority, the Connecticut Department of Economic and Community Development and the Town of Darien.
