Capitol Lofts is the historic preservation and adaptive reuse of a four-story brick building in central Hartford, CT. The development introduces 112 apartments to the Hartford community, consisting of 41 1BD/1BA homes (nine are 50 percent AMI and 32 are market-rate) and 71 2BD/1BA homes (fourteen are 50 percent AMI and 57 are market-rate). The 9% Housing Credit was used to finance the property, with syndication facilitated by Hunt Capital Partners, LLC and development by Dakota Partners, Inc.
The property features handicap-accessible rooms, a fitness room, a shared theater, a community room, high ceilings, laundry facilities on each floor, exposed brick, improved insulation, energy-efficient HVAC and a backup power generator.
The property is centrally located in downtown Hartford, making it conveniently close to the Connecticut Science Center, the Excel Center, the Xfinity Theater, the Bushnell Theater, Bushnell Park, the Hartford Hospital, the Connecticut Children’s Medical Center, St. Francis Hospital, numerous restaurants, a train station, public transportation (on a bus route), and a library.