NEWTOWN HOUSING FOR THE ELDERLY, INC., ("NHE"), IS A NON-PROFIT ORGANIZATION ESTABLISHED TO PROVIDE LOW COST HOUSING FOR THOSE PERSONS AGED SIXTY-TWO OR OLDER AND TO THOSE PERSONS WHO ARE HANDICAPPED OR DISABLED. NHE OPERATES NUNNAWAUK MEADOWS, A 134-UNIT APARTMENT COMPLEX LOCATED IN NEWTOWN, CT. LONG-TERM FINANCING IS PROVIDED UNDER SECTION 515 OF THE HOUSING ACT OF 1949. NHE HAS ENTERED INTO AN INTEREST CREDIT AND RENTAL ASSISTANCE AGREEMENT WITH USDA-RURAL DEVELOPMENT ("USDA-RD"), WHEREBY RENTAL AND OPERATING METHODS ARE PRESCRIBED. USDA-RD IS A DIVISION OF THE U. S. DEPARTMENT OF AGRICULTURE AND IS MAJOR SOURCE OF REVENUE FOR NHE.
Reported officers (all unpaid)
No paid executives reported in 2024. Newtown Housing for the Elderly Inc reported 8 unpaid officers and board members on its 990.
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