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Form 3520 for Stamford Connecticut: What You Should Know
The feedback contained the following The City is a City and the citizens have no political voice, it does not protect the interests of the working class. The City has no rights to improve housing or improve the economy of the City. There is no guarantee of higher rents for all residents or working people when the City is a business entity. The City has failed not only to provide services to the working people but has failed to do so in a way that is affordable to all. Jul 1, 2025 — As a City, we have a responsibility to provide our citizens a safe, high standard of living. I. Taxpayer Burden: The Stamford Housing Affordability Plan (THAT) is an affordable and innovative housing plan intended to assist qualified applicants in obtaining housing in Stamford. THAT was adopted by the Stamford City Council in June 2018 and is being implemented by the Department of City Planning (DCP), Department of Finance (DCF), The City of Stamford, the Department of Housing (DH) and The City Attorney's Office. DH is charged with implementing THAT. DCP is charged with assessing the viability of proposed projects that are eligible for the THAT Program and consulting with community representatives. DH will implement THAT by using its discretion to choose projects that will most effectively maximize development of affordable units. DH's goal is to complete the THAT Program by December 31, 2025, through receiving a total award of 1,800,000.00 and the development of 5,125 units to date. The total budget allocable for development of THAT units is limited to an amount not to exceed 650,000.00. There is no funding for THAT Unit construction. II. Project Criteria: THAT does not provide project financing assistance. THAT does not fund demolition and repair and will not provide building construction assistance. The Department of City Planning (DCP) may grant or permit a THAT development permit only “in the public interest.” The public interest standard is considered met when a construction project serves a “significant community need.
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