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CHFA Mortgage Committee recommends modified financing for Cherry Street Lofts in Bridgeport
Summary
The CHFA Mortgage Committee voted July 21 to recommend modified financing for Cherry Street Lofts, Phase 1 in Bridgeport to the Board; the minutes do not specify financing amounts or vote tallies beyond noting unanimous support.
The Connecticut Housing Finance Authority Mortgage Committee voted July 21 to recommend modified financing for Cherry Street Lofts, Phase 1 in Bridgeport to the CHFA Board of Directors. Pasquale Guliano, Managing Director of Multifamily, presented the resolution authorizing approval of modified financing for the project, and committee discussion followed.
"Mr. Guliano presented the resolution authorizing approval of modified financing for Cherry Street Lofts, Phase 1, located in Bridgeport, Connecticut," the draft minutes state. Gregory Ugalde moved to recommend the resolution and Sean Williams seconded; the minutes record that the committee "voted unanimously in favor of recommending the resolution" but do not list individual vote counts or financing terms.
