Yale Street Commons

80 Yale St, Bridgeport, Connecticut 06605

A 44-unit townhouse style development, Yale Street Commons has become one of the building blocks in the Lindencroft Historic District in Bridgeport’s West End. The two- and three-story units boast garages, wall-to-wall carpeting, washer/dryer hookups, walk-in closets, as well as access to a recreation room and a community garden.

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Last updated on August 29th, 2019

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Yale Street Commons Details

  • 44 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Bridgeport Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Bridgeport but actual income limits may differ for units at Yale Street Commons.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $40,600 $46,400 $52,200 $57,950 $62,600 $67,250 $71,900 $76,500
Low Income (60%) $48,720 $55,680 $62,640 $69,540 $75,120 $80,700 $86,280 $91,800

Yale Street Commons is managed by Connecticut Housing Partners.

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