Northside Terraces

Northside Terraces is the acquisition, refinance, rehabilitation and preservation of an existing affordable housing development in Torrington, Conn. Originally built in 1968, the property has been owned by a small, local nonprofit John Kelly Housing Corporation since 1995 and managed on its behalf by TCB. We will acquire the property from John Kelly Housing, refinance and complete a moderate rehabilitation and the construction of a new community center and management office. The conversion of the current management office back to residential use will increase the property from 91 to 92 households.