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Old Middletown High School Apartments

251 Court St
Middletown, CT
Deal Type: 
Acquisition/Rehab
Year Built: 
1893
Acquisition Date: 
2014
Last Renovation: 
2015
Number of Units: 
65
Tenancy: 
Senior

Old Middletown High School Apartments is a 65-unit affordable apartment complex in Middletown, CT. The property is part of a National Historic District and individually listed on the National Historic Register.

POAH considered the Old Middletown High School property one of the Connecticut’s most “at-risk” properties because of its location near the downtown district and historical significance.

The purchase and planned rehabilitation will secure this critical affordable housing asset for Middletown and the State of Connecticut.

The acquisition was made possible by a loan from the Massachusetts Housing Investment Corporation (MHIC). POAH is currently pursuing longer-term financing with permanent financing through Connecticut Housing Finance Authority (CHFA) and has secured Low Income Housing Tax Credits, State Historic Tax Credits, and CHAMP (Competitive Housing Assistance for Multifamily Properties) funding which will enable the substantial rehabilitation of the buildings and guarantee long-term affordability.

The scope of work included new windows, replacement of some kitchens and baths, improved ventilation in apartments, and electrical upgrades.

Project Partners

  • Connecticut Housing Finance Authority
  • Massachusetts Housing Investment Corporation (MHIC)