Brook Hill Village
Brook Hill Village, located on East Street South in Suffield, CT and close to the Stony Brook River, is a multi-phase project that brings newly constructed housing opportunities to the local market. The community offers a perfect setting for residents to engage in outdoor recreation and community activities. The entire community features a total of 84 apartments for lease, 21 one-bedroom and 63 two-bedroom units.
Residents can enjoy private balconies or patios and spacious kitchens with energy-star rated appliances in their apartment, along with laundry facilities located within each building. Many local community amenities can also be found within a short drive of the town center, including several grocery stores, retail shops, banks, and pharmacies.
Construction on phase one began in the summer of 2017 and the first residents moved into the residences in the summer of 2018. Phase two construction began late summer 2018 and was completed in the fall of 2019. Residents began moving into phase two during the summer of 2019. Total costs associated with the construction of this project are around $11 million.
Total Development Costs: $11 Million
Financing Partners: Webster Bank, Connecticut Department of Housing, National Equity Fund (phase II), Hunt Capital Partners (phase I), Connecticut Housing Finance Authority
Financing: LIHTC, State Bonds, CHAMP