News Feed Item
Congressman Jim Himes Serves as Master of Ceremonies at Ribbon Cutting for $13 Million Renovation of Bayview Towers Apartments
Project undertaken by The NHP Foundation in partnership with the Connecticut Housing Finance Authority, PNC Bank, U.S. Department of Housing and Urban Development, CL&P and the City of Stamford
|By PR Newswire
|August 14, 2014 03:21 PM EDT
NEW YORK, Aug. 14, 2014 /PRNewswire-USNewswire/ -- U.S. Congressman Jim Himes (CT-4), a key congressional supporter of affordable housing initiatives, served as the master of ceremonies for an August 12 ribbon cutting ceremony at Bayview Towers Apartments ("Bayview Towers") in Stamford, Connecticut.
"I am pleased to join the individuals and organizations that made this extensive renovation and today's celebration so successful," Himes said. "This project means that Bayview residents will continue to have access to affordable - and now updated and energy-efficient - housing to support their lives, families, and the Stamford community. It also serves as a fine example of the work that can be accomplished when federal, state, and local governments and private entities partner to support our communities and our people," said Congressman Himes following the ceremony.
The event formally recognized the completion of a $13 million renovation of the 200-unit affordable housing complex. Other dignitaries participating in the program included David Martin, Mayor of Stamford, Gerald Fox, Representative, State of Connecticut House of Representatives, Annie M. Summerville, Representative, City of Stamford Board of Representatives, Suzanne Piacentini, Director, Connecticut Field Office, U.S. Department of Housing and Urban Development, Eric Chatman, President and Executive Director, Connecticut Housing Finance Authority, Dara Kovel, Vice President of Housing Development, Connecticut Housing Finance Authority, Denise Fazio, Vice President, PNC Bank, Thomas Dorsey, Managing Director, Connecticut Light and Power, Richard Burns, CEO and Trustee, The NHP Foundation, Patrick Fry, Senior Vice President, The NHP Foundation, and Fred Mitchell, Senior Vice President, The NHP Foundation.
The Connecticut Housing Finance Authority ("CHFA") provided a $17,750,000 loan to facilitate the acquisition and renovation of the property to preserve the units as low and moderate-income housing. PNC Bank served as the federal low-income housing tax credit investor for Bayview, providing $7 million in equity. The U.S. Department of Housing and Urban Development provides rental assistance to a number of residents at Bayview Towers, making the rents affordable to lower income families. Connecticut Light and Power supported the project by making a $500,000 contribution through the State of Connecticut's Housing Tax Credit Contribution program to assist with the rehabilitation of the project, and the City of Stamford agreed to continue to provide a partial property tax abatement grant through a State of Connecticut funded program. All of these participants helped make the project possible.
"I am proud to join in celebrating the completion of the Bayview Towers renovation today," Mayor Martin said. "The City of Stamford made an important decision to continue to support the Bayview community, and I am pleased with the cooperation of the many government and private entities that made this effort a success. This is a much-needed improvement for the residents of Bayview and for our Stamford community."
"Bayview Towers Apartments fulfills a critical need for affordable family housing in Stamford. We were pleased to work with NHPF on making a number of major capital improvements to Bayview Towers that will meaningfully extend the useful life of a critical affordable housing asset in Stamford," said Eric Chatman, President, and Executive Director of CHFA.
"Here at Bayview Towers we see just how powerful partnerships between and among federal, state and local agencies can be when we link our investments to help preserve affordable housing in an area where there is a critical need," said Suzanne Piacentini, HUD Connecticut Field Office Director. "HUD is proud to be a partner in this project; we congratulate everyone for their efforts to improve the lives of Stamford residents."
According to Richard Burns, CEO of NHPF, "We at The NHP Foundation are very mindful of the significant threats facing the affordable housing field in this country. Leaders like the public and private partners in the Bayview Towers project are essential to protecting this vital sector of the American housing market. NHPF salutes their participation."
Bayview Towers was built in 1973 and is located at 300 Tresser Boulevard in Stamford. The 200 unit complex is composed of a 21-story and a 9-story high-rise building. The renovations included the installation of new flooring, new kitchen cabinets, counters and fixtures, new tubs and shower surrounds, new vanities, and medicine cabinets, as well as energy efficient lighting and appliances. Capital renovations also included replacement of the domestic and sanitary plumbing lines, electrical upgrades, elevator improvements, all new windows, facade improvements and new roofs.
Headquartered in New York City with offices in Washington, DC, NHPF was launched on January 30, 1989. NHPF is a publicly supported 501(c)(3) nonprofit corporation founded to preserve and create affordable multifamily rental housing for low- and moderate-income families and seniors. In addition to providing safe, clean and affordable housing to its residents, NHPF has a robust resident services program known as Operation Pathways. Through partnerships with major financial institutions, the public sector, faith-based initiatives, and other nonprofit organizations, NHPF owns 27 residential properties with more than 6,000 housing units in 12 states and the District of Columbia.
Contact: Thomas G. Vaccaro
Photo - http://photos.prnewswire.com/prnh/20140814/136350
SOURCE NHP Foundation
SYS-CON Events announced today that Interface Masters Technologies, provider of leading network visibility and monitoring solutions, will exhibit at the 17th International CloudExpo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Interface Masters Technologies is a leading provider of high speed networking solutions focused on Gigabit, 10 Gigabit, 40 Gigabit and 100 Gigabit Ethernet network access and connectivity products. For over 20 ye...
Oct. 4, 2015 08:45 PM EDT Reads: 629
“The Internet of Things transforms the way organizations leverage machine data and gain insights from it,” noted Splunk’s CTO Snehal Antani, as Splunk announced accelerated momentum in Industrial Data and the IoT. The trend is driven by Splunk’s continued investment in its products and partner ecosystem as well as the creativity of customers and the flexibility to deploy Splunk IoT solutions as software, cloud services or in a hybrid environment. Customers are using Splunk® solutions to collect ...
Oct. 4, 2015 08:45 PM EDT Reads: 557
SYS-CON Events announced today that Agema Systems will exhibit at the 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Agema Systems is the leading provider of critical white-box rack solutions to data centers through the major integrators and value added distribution channels.
Oct. 4, 2015 08:30 PM EDT Reads: 618
While testing is often ignored when it comes to DevOps - it could be the most important aspect of achieving true DevOps success. Without rethinking automated testing from the ground-up, the entire DevOps productivity gain cannot be realized.
Large tech companies build their own rapid test automation that runs in minutes across functional, performance, security and other tests.
In his session at DevOps Summit, Kevin Surace, CEO of Appvance, will discuss how we learn from these real-world succe...
Oct. 4, 2015 08:00 PM EDT Reads: 383
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available.
In his session at 17th Cloud Expo, Bradley Holt, Developer Advocate at IBM Cloud Data Services, will demonstrate techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, ...
Oct. 4, 2015 08:00 PM EDT Reads: 352
SYS-CON Events announced today that Machkey International Company will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Machkey provides advanced connectivity solutions for just about everyone. Businesses or individuals, Machkey is dedicated to provide high-quality and cost-effective products to meet all your needs.
Oct. 4, 2015 07:45 PM EDT Reads: 268
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Oct. 4, 2015 07:15 PM EDT Reads: 207
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Oct. 4, 2015 07:00 PM EDT Reads: 337
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
Oct. 4, 2015 06:30 PM EDT Reads: 716
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
Oct. 4, 2015 06:30 PM EDT Reads: 481
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficiencies. Begin charting your path to PaaS with OpenShift Enterprise.
Oct. 4, 2015 06:00 PM EDT Reads: 317
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product companies ranging from hi-tech start-ups in Silicon Valley to leading product companies in the US a...
Oct. 4, 2015 06:00 PM EDT Reads: 724
Clutch is now a Docker Authorized Consulting Partner, having completed Docker's certification course on the "Docker Accelerator for CI Engagements." More info about Clutch's success implementing Docker can be found here.
Docker is an open platform for developers and system administrators to build, ship and run distributed applications. With Docker, IT organizations shrink application delivery from months to minutes, frictionlessly move workloads between data centers and the cloud and achieve 2...
Oct. 4, 2015 05:45 PM EDT Reads: 380
SYS-CON Events announced today that Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Key Information Systems is a leading regional systems integrator with world-class compute, storage and networking solutions and professional services for the most advanced softwa...
Oct. 4, 2015 05:15 PM EDT Reads: 281
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
Oct. 4, 2015 04:00 PM EDT Reads: 265