3-4, 3-5 Audubon Court in New Haven, Connecticut, is a $30 million mixed-use project that includes 61 housing units. The nonprofit Arts Council of Greater New Haven acquired the site from the city redevelopment agency at writedown and leased it to a private developer—a partnership of Lawrence Investing Company, Inc., and the Guyott Company, an established local asphalt company. The Arts Council expects to earn more than $100,000 a year from land rentals plus the proceeds of a 1 percent interest in the project. For more information, see *Project Reference File: “Audubon Court,”* vol. 19, no. 1 (Washington, D.C.: ULI—the Urban Land Institute, January–March 1989).