Established in 1969, the Connecticut Housing Finance Authority is a self-supporting, quasi-public housing agency. Its mission is to expand affordable housing opportunities for the state's low- and moderate-income residents. CHFA achieves this by offering a range of financial products, including below-market interest rate mortgage loans for first-time homebuyers and financing for the development and preservation of affordable multifamily rental apartments. The authority is self-funded, primarily through the issuance of tax-exempt bonds, and does not use state tax dollars for its operational expenses.

Founded in

United States