FY24 Session 4 - Working with Builders and Developers.mp4
Notes:
February 28, 2024:
This session is designed to take you through the process developers confront when seeking to build housing in our region: how they assess the market and potential sites, how they arrange financing, how they have to build in hidden costs or unforeseen contingencies, and what they seek in cooperation or tax/development assistance from the town.
This session is designed to take you through the process developers confront when seeking to build housing in our region: how they assess the market and potential sites, how they arrange financing, how they have to build in hidden costs or unforeseen contingencies, and what they seek in cooperation or tax/development assistance from the town.
Our guest panelists included:
- Geoff Sager, President of the Metro Realty Group, and a developer of many mixed-income and market-rate projects in the central CT region,
- Carol Martin, the Executive Director of the Westport and Fairfield Housing Authorities, who is now completing a development of a 46-unit mixed-income project in Orange, and
- Bob Wiedenmann, President of Sunwood Development, who just completed a 36-unit mixed-income townhome project in Wallingford.