PAUL B. BAILEY ARCHITECT, LLC 

32 new affordable townhomes and a community center were created through the demolition and redevelopment of old and outdated public housing, formerly known as Waverly Townhouses. The extensive project was financed through a new loan leveraged by 9% tax credits, state, local, and federal funds. Valley Street was developed using passive house principles— the buildings are airtight, insulated, and have high-quality ventilation, allowing them to meet an energy-efficient net-zero standard. The opening of these homes marked the completion of a two-phase development plan that has resulted in the preservation of 110 affordable homes in the New Haven community.