The charitable arm of a Stamford-based developer has proposed building a 14-unit affordable apartment building in New Canaan, according to plans filed with the town.
GHF Parade Hill Road LLC, controlled by Garden Home Funds, plans to construct the apartment building on a 0.4-acre parcel at 30 Parade Hill Road. Garden Home Funds is the charitable arm of Stamford-based developer Garden Homes Management Corp.
Richard Freedman, president of Garden Homes Management Corp., said the proposed development’s intent is to give low- and very low-income families access to the New Canaan school system.
GHF plans on building 10 units with two bedrooms and four units with three bedrooms on a 0.4-acre parcel that it bought for $1.25 million in January 2025. The housing would be built for low- and very-low income families with school-aged children, the application stated. GHF would raze a three-bedroom house on the property.
GHF has submitted two affordable housing applications for the project under the state’s 8-30g housing statute. One plan calls for 11 affordable units, while the other requests 14 affordable apartments.
“The goal in designing 30 Parade Hill Road was to satisfy the intense need for affordable housing in New Canaan while building to an appropriate scale,” the application said.
Garden Homes Fund has built three affordable-housing developments in lower Fairfield County. It completed the 53-unit Franklin Apartments in Stamford in 2019, 17-unit David Martin Apartments in 2023 and 122 Wilton Road Apartments, a 19-unit apartment building in Westport in 2024.
Garden Homes Management owns 125 residential properties across Connecticut, Maryland, New Hampshire, New Jersey, New York and Vermont.
