New Haven Approves $41.2 Million Eastview Terrace Rehabilitation

The Housing Authority of New Haven has approved a $41.2 million rehabilitation of Eastview Terrace, a 127-unit public housing complex, with construction expected to begin in late spring 2026. The project will renovate 102 apartments over 20 months in five construction phases, with tenant relocation starting as early as late March.

The Glendower Group, the housing authority’s nonprofit development arm, is managing the project. Development Vice President LaChance presented the plan to the housing authority’s board on February 18, 2026, and the board voted unanimously to move forward. Board Chair William Kilpatrick and Commissioners Danya Keene and Kevin Alvarez all voted in favor.

New Haven’s Eastview Terrace Renovation Scope and Timeline

The rehabilitation will address 102 of the complex’s 127 apartments. The remaining 25 units were updated in a previous renovation completed in 2015 and do not require major work at this time.

Construction will proceed in five phases, with approximately 20 apartments renovated per phase. Each unit will receive new kitchens, bathrooms, windows, roofs, decks, flooring, and fresh paint. Doors, furnaces, and some site work are not included in the current renovation scope, according to the plan presented to the board.

The project’s financial closing is expected in late April 2026, with construction beginning approximately one month later. From the start of construction, the full renovation is projected to take 20 months to complete across all five phases.

$41.2 Million Project Funded Through Tax Credits and Bonds

The total development cost is $41.2 million, with $20.5 million allocated directly to construction. The housing authority has authorized up to $25 million in Multifamily Housing Revenue Bonds to help finance the work.

The primary funding mechanism is the Low Income Housing Tax Credit program, a federal initiative that incentivizes private investment in affordable housing by offering tax credits to investors who finance qualifying projects. The previous 15-year LIHTC compliance period for Eastview Terrace ended in December 2023, making the complex eligible for a new round of credits to fund the rehabilitation.

The financial structure also includes an $8.75 million internal loan from a new limited liability company to the existing LLC that holds the property. This arrangement is designed to generate the tax credits needed to attract investor financing for the renovation.

Tenant Relocation Expected to Begin in Late March

Residents will be temporarily relocated during their unit’s renovation phase, with the first moves expected in late March or early April 2026. Because construction proceeds in phases of roughly 20 units at a time, not all residents will need to move simultaneously.

All 102 units being renovated are Project Based Voucher units, meaning rents are federally subsidized and tenants pay one-third of their income toward housing. To qualify, residents must have household incomes below 60 percent of the Area Median Income, which is approximately $54,600 for a two-person household.

Residents expressed mixed feelings about the temporary moves at the February 18 board meeting. Maria Matos, a tenant at Eastview Terrace, said she welcomed the improvements but acknowledged the difficulty of relocating. “I hate moving,” Matos said, while calling the renovations a “very good idea.”

Ysela Torres, another resident, expressed her attachment to the complex. “I love it,” Torres said, while raising concerns about relocation logistics. Torres said she does not have personal transportation and worried about being moved too far from the neighborhood.

Background on Eastview Terrace

Eastview Terrace is a 127-unit public housing complex managed by the Housing Authority of New Haven through the Glendower Group. Twenty-five of the complex’s units were last renovated in 2015, while the remaining 102 have not undergone significant capital improvements since.

The decision to pursue rehabilitation now follows the expiration of the previous LIHTC compliance period in December 2023. Tax credit financing requires properties to maintain affordable rents and eligibility standards for a set period, and the expiration of that window opens the door for a new round of credits to fund capital work.

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