Members of Stamford’s legislative delegation welcomed the State Bond Commission’s Friday approval of $2 million to help Rippowam Corporation move forward with its ongoing redevelopment of Oak Park housing complex.
The funding will aid in the continuing renovation of Oak Park, a 166-unit affordable housing development, located on the East Side of Stamford. This project involves the demolition and replacement of residential buildings, which will be arranged in a new layout designed to ensure accessibility and address chronic flooding.
This financial support will facilitate the second of three planned phases led by Rippowam Corporation, a non-profit development and asset management affiliate of the Stamford Housing Authority.
“As a former employee, I know firsthand how important the redevelopment of Oak Park is to the hundreds of Stamford residents, who currently live in the aging structures that are frequently impacted by flooding,” Senator Pat Billie Miller, D-Stamford, said. “Replacing more than two dozen buildings is a major undertaking, and this funding commitment from the Community Investment Fund and the State Bond Commission will make a real difference in the lives of those families. I’m grateful for this investment in Stamford.”
“I am glad to see that one of Stamford’s oldest affordable housing complexes is undergoing a much-needed transformation. Thanks to the funding approved by Governor Lamont and the State Bond Commission, we can move forward with Stage II of the three-phase redevelopment project at Oak Park,” Representative Jonathan Jacobson, D-Stamford, said. “This phase will include a redesigned layout that ensures greater accessibility and incorporates an enhanced drainage system to address the chronic flooding issues that have plagued the area for years. This investment is a crucial step toward improving the quality of life for residents and ensuring that Oak Park remains a vibrant, affordable community for generations to come.”
“The funding for the Oak Park project is a great investment for Stamford,” Representative Hubert Delany, D-Stamford, said. “I was proud to advocate for this funding, and I am thrilled to see the next phase move forward to improve the living conditions of residents and reaffirm our goal to expand affordable housing around the community.”
“The redevelopment of Oak Park will improve the quality of life for residents and support much needed economic growth in an underserved community,” Representative Eilish Collins Main, D-Stamford, said. “This much needed funding will aid in improving accessibility and replace aged residential buildings.”
“Every Stamford resident deserves safe, comfortable, and affordable housing,” Representative Matt Blumenthal, D-Stamford, said. “This project represents a significant step forward in our efforts to modernize our housing stock, address long-standing infrastructure challenges, and increase access to affordable housing. This funding is a vital investment in Stamford and its people. By supporting redevelopment and critical flood mitigation, this investment will help ensure that residents have access to safe, resilient, and sustainable housing for years to come.”
“While Oak Park is located in Stamford’s east side, the project will benefit all of Stamford, as it addresses issues at one of our affordable housing complexes, including much-needed renovations for accessibility and plans to address chronic flooding issues,” Representative Corey Paris, D-Stamford, said. “Thank you to the Community Investment Fund (CIF), Governor Lamont, and the State Bond Commission, for seeing the need for this project in Stamford.”
“The funding will directly improve the quality of life for residents at Oak Park, setting the homes in a new layout designed to ensure accessibility and address chronic flooding,” Senator Ceci Maher, D-Wilton, said. “It’s the kind of work that delivers welcomed improvements for hundreds of people, an admirable accomplishment. I’m grateful to Governor Lamont, the State Bond Commission and the Community Investment Fund for this local support.”
“Investing in the redevelopment of Oak Park is not just about improving buildings, it’s about enhancing the lives of the residents who call our community home,” Senator Ryan Fazio, R-Greenwich, said. “This significant investment will ensure that Stamford remains a place where everyone has access to safe, affordable housing. Together, we are turning a vision for revitalization into a reality for Stamford residents.”
“This $2 million investment in Oak Park is about strengthening our neighborhoods and ensuring residents have access to safe, modern, and dignified living spaces,” Representative Tina Courpas, R-Greenwich, said. “These upgrades will make a real difference in the daily lives of families and individuals who call Oak Park home.”
The State Bond Commission’s approval followed March recommendations from the Community Investment Fund 2030 Board, where Senator Miller serves as a voting member in her capacity as Senate chair of the General Assembly’s Bonding Subcommittee. CIF supports economic growth in historically underserved communities by providing funding to eligible municipalities, non-profits, and community development corporations.
Contact: Hugh McQuaid | Hugh.McQuaid@cga.ct.gov | 860-634-4651
Share this page: