HOPE Partnership is honored to be a 2018 grant recipient of the Community Foundation of Eastern Connecticut (CFECT). The grants were issued in alignment with the Foundation’s four priorities of empowering youth, promoting basic needs and rights, preserving the environment, and advancing animal welfare. As a result, people in Eastern Connecticut will have access to food and safe housing; hundreds of local students will have valuable educational experiences in science, the natu

Proposed architectural rendering, River Oak Commons, Old Lyme, CT As many are aware, HOPE Partnership with Women's Institute for Housing and Economic Development, our development partner, is in the process of seeking the necessary approvals to develop new, affordable housing communities on Neck Road in Old Lyme. We are writing today to share the story of HOPE and the path that brought us to this point. In 2001, a group of local faith leaders became aware of a growing problem

Frequently Asked Questions about Affordable and Workforce Housing 1. What is Affordable Housing? “Affordability” is a standard set by banks and lenders that is based on a percentage of household income. Income limits are provided annually by HUD (US Department of Housing and Urban Development), as well as rent levels based on household composition and household income. Most financial advisers recommend that a household should spend no more than 30% of its gross annual income