(Photo: Connecticut Housing Finance Authority)
Here's Renee's interview with Nandini Natarajan, Chief Executive Officer for CHFA.
She shares the mission of CHFA, which is to ultimately increase the availability of affordable housing for CT residents. She also provides information on the different programs that assist individuals and families, even throughout the pandemic.
Listen here:
The Connecticut Housing Finance Authority, CHFA, is a quasi-public agency, with a mission to increase the availability of affordable housing. CHFA accomplishes this mission in two ways:
- Providing low-interest rate mortgages to first-time homebuyers with low- and moderate-incomes
- Providing financing to developers to build new or renovate existing affordable multifamily rental housing
CHFA, founded in 1969, is self-funding and generates its revenue by issuing bonds in the financial markets, using the proceeds of the bond sales to finance affordable housing.
Since the beginning of the pandemic, CHFA has been reaching out to all of its customers and partners to share information on housing relief and regulatory requirements during the COVID-19 pandemic.