Affordable Real Estate Development

AFFORDABLE REAL ESTATE DEVELOPMENT

NHS creates affordable housing through ground-up new construction or by rehabilitating historic homes. These houses are then sold to first-time homebuyers at a fraction of the cost of developing them. First-time buyers, especially low-income families striving to achieve homeownership, are one of the client populations that we serve. These are typically two-family houses, designed to help generate income. Homebuyers are poised to thrive in this environment after completing our free and required homebuyer education courses. Assisting in establishing generational wealth is just one step in our work towards neighborhood revitalization.

OUR IMPACT ON NEW HAVEN

Since 1979



297

Affordable properties sold



12,000

Graduates from HOC counseling programs



600

Received home energy counseling

From Vacant to Vibrant: The Evolution of 27 Frank Street

by Lucy Marinelli | July 16, 2025 | HOC Realty, Homeownership, Housing, Real Estate Development, Recent Housing Developments, The HomeOwnership Center | 0 Comments

In the heart of New Haven’s Hill neighborhood stands 27 Frank Street, a modest 1,248 sq. ft. single-family home with a quiet but powerful story to tell. Built around 1910, 27 Frank Street is a classic example of the working-class housing that once filled the Hill....

RECENT AND CURRENT PROJECTS

We have completed the rehabilitation of 27 Frank Street and 470 Howard Avenue, both in the Hill neighborhood. 27 Frank Street remains a single-family house and 470 Howard Avenue converted a former rooming house into an owner- occupied three-family house. As 470 Howard Avenue is a historic building, great care was taken to retain as many of the architecturally significant features of this wonderful old house as possible.

27 Frank Street

470 Howard Avenue

A recent venture we embarked on was the new construction of four houses on previously vacant lots in the Newhallville neighborhood. These new homes are near other projects that NHS has completed in recent years and serves to bring new homeowners into this neighborhood.

44 Lilac Street

98-102 Bassett Street

83-85 Butler Street

260 West Hazel Street

An exciting collaboration between the Yale Urban Design Workshop and NHS is underway on Hazel Street in Newhallville. With the assistance of the State Department of Housing and the Livable City Initiative, we will be constructing four two-family townhouses on Hazel Street between Newhall Street and Shelton Avenue. The innovative design created by the faculty and students at the Yale School of Architecture will create eight units of affordable housing: four homeowner units and four rental units.

THE TRANSFORMATIONS

NHS works to rehabilitate historic homes or build completely new construction, while still maintaining Energy Star 3.0 standards and giving families a place to call home.

see our renovations