Cushman Arranges $88M Construction Loan for Greenwich Multifamily
Cushman Wakefield secured $88M construction loan through Santander Bank for Benedict Court, 120-unit project with 72 market rate and 48 affordable units, completion summer 2028
Cushman Wakefield secured $88M construction loan through Santander Bank for Benedict Court, 120-unit project with 72 market rate and 48 affordable units, completion summer 2028
New Haven aldermanic committee voted 5 to 1 to advance Elicker administration's plan to purchase or use eminent domain to acquire contaminated English Station site for public park with outdoor pool
Housing Authority of New Haven plans $41.2M rehabilitation of 102 apartments at Fair Haven Heights' Eastview Terrace complex with new kitchens, bathrooms, and windows, first renovated in 2008
Connecticut's Public Utilities Regulatory Authority (PURA) has recommended replacing the state's current residential, non residential, and shared clean energy tariff programs with a unified eight-year successor program running from 2028 to 2035. Key changes include reduced export compensation to encourage on-site energy use, a shift to a "first-ready" project selection process for non-residential projects, and continued incentives for low-income customers and energy storage.
Student transportation provider Zum will deploy a fully electric school bus fleet for Branford Public Schools beginning in the 2026 27 school year, making Branford the largest fully electric school district with vehicle to grid (V2G) capabilities in the Northeast. The district is completing its transition to 100% electric buses three years ahead of its original schedule, with bidirectional V2G charging infrastructure that will allow buses to return stored energy to the local grid when not in service.
Manchester's Lynch Toyota has completed a 298.1 kW solar carport installation at its Tolland Turnpike dealership, financed through the Connecticut Green Bank's CPACE program and installed by Ellington based Earthlight Technologies. The project is projected to save more than $968,000 over its lifetime, and is part of the Green Bank's broader mission to reduce energy costs for Connecticut businesses.
The Connecticut Green Bank has crossed a major milestone, surpassing $3.11 billion in cumulative investment in clean energy and environmental infrastructure since its founding in 2011, the first state level green bank in the nation. The total includes $463 million in public funds that have leveraged significant private capital, supporting nearly 30,000 green jobs and reducing energy costs for more than 71,000 families, businesses, and nonprofits across the state.
The West Hartford Town Council voted 9 to 0 to approve a zoning change at 230 Newington Road, clearing the way for a 54 unit for-sale affordable housing development proposed by Honeycomb Real Estate Partners. The project calls for six two-story residential buildings on approximately 2.49 acres, with the zoning board still to take up the building permit application.
Demolition has started at East Hartford's Port Eastside development, where developers plan to build 300 apartments as the first phase of a project that will ultimately create up to 1,000 apartments, restaurants, and entertainment venues across 28 acres of Connecticut River waterfront property.
Connecticut solar developers are racing to launch commercial projects before a July 4 federal deadline, with businesses scrambling to qualify for a 30% Investment Tax Credit set to expire under new federal rules. Projects must begin construction by July 4 or reach full operation by December under the One Big Beautiful Bill.
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