New Democratic Party landlord gets bond commission funding for another property

    The new landlord for the Connecticut Democratic Party received bond commission funds last week to renovate a different property totaling $320,000.

    The Capital Region Development Authority will lend the money to 360 Main Street Associates at 3 percent interest for 20 years with a balloon payment in year three.

    According to the bond commission agenda, CRDA funding will “assist in conversion of underperforming commercial space into 20 units of housing, including 16 micro units.”

    The Connecticut Democratic Party recently moved to 30 Arbor Street. The property owner, 30 Arbor Street LLC, is controlled by Carlos Mouta, according to the Secretary of the State’s online database.

    Mouta also controls 360 Main Street Associates according to the same database.

    On May 23, according to party filings with the Federal Elections Commission, the Democrats paid $1,420 to 30 Arbor Street LLC for rent.

    On June 12, the party made two rent payments to the same entity: $2,334.75 and $994.