Lisa DeMatteis-Lepore, CFO of The Connection, Inc (TCI), presided over a gathering yesterday to celebrate teh beginning of construction on an affordable/supportive housing project in New London, Connecticut. The Diocese of Norwich designated TCI to develop the former St. Mary’s Star of the Sea parochial school into new housing.
CSH was an early funder of the project, making a $300,000 loan in 2014.
When completed, St. Mary’s will provide affordable housing units of which at least 6 will be designated supportive housing. TCI hopes to achieve occupancy by the summer of 2020.
Full article here.