Larson, Blumenthal and Segarra Announce $3.8 Million HUD Grant For Capewell

Grant will allow city to break ground on new housing development next month

HARTFORD – This afternoon Congressman John B. Larson (CT-01), United States Senator Richard Blumenthal and Hartford Mayor Pedro Segarra announced that the Department of Housing and Urban Development (HUD) has officially approved a $3.8 million grant to help finance a new housing project on the grounds of the Capewell Horseshoe Nail Factory.

"This grant will have an immediate and positive impact on our city," Congressman Larson said. "Combined with the ongoing process of helping Coltsville gain National Historic Park status, by converting the Capewell grounds into affordable housing, Hartford is creating jobs and laying a strong economic foundation for its future."

"These resources, key to providing affordable housing and creating economic development, are welcome news to the City of Hartford," Senator Blumenthal said. "I will continue to work with Congressman Larson and Mayor Segarra on these initiatives that are vital to growing Hartford's economy and revitalizing cities across our state."

"Through collaboration and commitment, we got a long stalled project off the ground and will improve the quality of life for residents and provide hope and opportunity for homebuyers. No longer are we talking about progress we are making progress," said Mayor Segarra.

The current plan for the site is to construct 16 townhouses on the corner of Popieluszko Court and Wyllys Street that will be made available for low/moderate-income homebuyers. Among the units there will be two two-bedroom and fourteen three-bedroom townhomes.

The project is scheduled to break ground next month and be completed by September of 2013, with new homeowners able to move in by December 2013.