Owner talks about state-financed work on Meriden apartment building

Published: November 2, 2014 | Last Modified: November 2, 2014 01:01AM

By Molly Callahan Record-Journal staff

MERIDEN Through a combination of bonds and tax credits from state agencies, Charles Place apartments will receive extensive improvements, according to building owner Bill Collins.

Were renovating from the roof all the way down, Collins said.

The former mill buildings at 122 Charles St. sit on 4.38 acres. The work will be paid for by $4.9 million in bonds from the state Department of Housing and the Connecticut Housing Finance Authority and the proceeds from $3.4 million in housing tax credits.

The funds are part of more than $100 million available for affordable housing through an application-based process.

With funding being sourced from various state agencies, its kind of like taking this puzzle and bringing to bear as many different resources as possible to solve it, said Lisa Kitter, director of communications for CHFA.

Charles Place includes 80 apartments at 25-, 50-, and 60 percent of the area median income.

Though no new units will be added, at least two will be designated for homeless veterans with services provided by the Veterans Administration of West Haven.

Collins said the complex is in need of updates and renovation; an issue brought to light in January, when the wall collapsed in the back of an East Main Street apartment building.

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Owner talks about state-financed work on Meriden apartment building