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<p class="MsoPlainText" align="center" style="text-align:center"><b>UNITED
STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</b></p>
<p class="MsoPlainText" align="center" style="text-align:center"><b>FORM 8-K </b>
</p>
<p class="MsoPlainText" align="center" style="text-align:center"><b>CURRENT
REPORT<br>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></p>
<p class="MsoPlainText">Date of Report (Date of earliest event reported)&nbsp;
December 1, 2006</p>
<p class="MsoPlainText" align="center" style="text-align:center"><b>First
Hartford Corporation<br>
</b>(Exact name of registrant as specified in its charter)</p>
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			Maine</td>
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			0-8862</td>
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			01-00185800</td>
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			(State or other jurisdiction of <br>
			incorporation)</td>
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			(Commission<br>
			&nbsp;File Number)</td>
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			(IRS Employer Identification No.)</td>
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<p class="MsoPlainText" align="center" style="text-align:center">&nbsp;</p>
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			<p class="MsoPlainText" align="center" style="text-align:center">149
			Colonial Road, <br>
			Manchester, Connecticut</td>
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			<p class="MsoPlainText" align="center" style="text-align:center">
			06040</td>
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			(Address of principal executive offices)</td>
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			(Zip Code)</td>
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<p class="MsoPlainText">Registrant's telephone number, including area code&nbsp;
(860) 646-6555</p>
<p class="MsoPlainText" align="center" style="text-align:center">(Former name or
former address, if changed since last report)</p>
<p class="MsoNormal">Check the appropriate box below if the Form&nbsp;8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (<i>see</i> General Instruction A.2. below): </p>
<p class="MsoNormal">[&nbsp;&nbsp;&nbsp; ] Written communications pursuant to
Rule&nbsp;425 under the Securities Act (17&nbsp;CFR 230.425) </p>
<p class="MsoNormal">[&nbsp;&nbsp;&nbsp;&nbsp;] Soliciting material pursuant to Rule&nbsp;14a-12 under
the Exchange Act (17 CFR 240.14a-12) </p>
<p class="MsoNormal">[&nbsp;&nbsp;&nbsp;&nbsp;] Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-(b)) </p>
<p class="MsoNormal">[&nbsp;&nbsp;&nbsp;&nbsp;] Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </p>
<p class="MsoNormal">&nbsp;</p>
<hr color="#000080"><br clear="all" style="page-break-before:always">
<b>&nbsp;</b><p class="MsoNormal">&nbsp;</p>
<p class="MsoNormal"><u>Financial Obligation Matter</u></p>
<p class="MsoNormal" style="text-align:justify">Item 2.03 - Creation of a Direct
Financial Obligation or an Obligation under an Off Balance Sheet arrangement of
a Registrant.</p>
<p class="MsoNormal" style="text-align:justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
A 75% owned subsidiary of the Company (Connelly and Partners, LLC) is the owner
of a limited liability company which is a .0005% General Partner in a
partnership that has acquired a 204 unit apartment complex.&nbsp; The project
was purchased for approximately $4,710,000 from the previous owner, plus an
assumption of a $18,315,000 5.36% note from Mass Housing which is not due until
January, 2024 at which time the Partnership has an option to buy the property at
fair market value.&nbsp; Additionally, a $4,268,813 note at zero interest
payable to HUD which is not due until sale, refinancing, end of affordability or
repaid from Residual Receipts Funds.</p>
<p class="MsoNormal" style="text-align:justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The .999% Limited Partners are investing approximately $9,364,000 and will
receive .999% of the Low Income Housing Tax Credits.&nbsp; The funds will be
used for a $9,398,000 rehabilitation project which will be done by EH&amp;N
Construction Company, a wholly owned subsidiary of its Company.</p>
<p class="MsoNormal" style="text-align:justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The General Partner will collect a development fee of approximately $1,600,000
which could be reduced by cost overruns. </p>
<p class="MsoNormal" style="text-align:justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
FHRC Management Corp., a wholly owned subsidiary of the Company will manage the
Property.</p>
<p class="MsoNormal" style="text-align:justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Additional financing of approximately $5,700,000 will be provided by Mass
Housing Finance Agency and $500,000 will be provided by the Department of
Housing and Community Development, State of Massachusetts.</p>
<p class="MsoNormal" style="text-align:justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The accounting treatment of the transaction has not been determined to date and
is under review.</p>
<p class="MsoNormal" style="text-align:justify">&nbsp;</p>
<p class=MsoNormal style='text-align:justify;'>December 1, 2006</p>
<p class=MsoNormal style='text-align:justify;'><b>First Hartford Corporation</b></p>
<p class=MsoNormal style='text-align:justify;'>/s/ <u>Stuart I. Greenwald&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> <br>
&nbsp;&nbsp;&nbsp;&nbsp; Stuart I. Greenwald<br>
&nbsp;&nbsp;&nbsp;&nbsp; Treasurer and Secretary</p>
<p class=MsoNormal style='text-align:justify;'>&nbsp;</p>





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{"company-data": {"conformed-name": "FIRST HARTFORD CORP", "cik": "0000036369", "assigned-sic": "6500", "irs-number": "010185800", "state-of-incorporation": "ME", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-08862", "film-number": "061252989"}, "business-address": {"street1": "149 COLONIAL RD", "city": "MANCHESTER", "state": "CT", "zip": "06045-1270", "phone": "8606466555"}, "mail-address": {"street1": "149 COLONIAL RD", "city": "MANCHESTER", "state": "CT", "zip": "06045-1270"}, "former-company": {"former-conformed-name": "WYANDOTTE INDUSTRIES CORP", "date-changed": "19880803"}}
Form 8-K
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) 
December 1, 2006
First
Hartford Corporation
(Exact name of registrant as specified in its charter)
Maine
0-8862
01-00185800
(State or other jurisdiction of
incorporation)
(Commission
File Number)
(IRS Employer Identification No.)
149
			Colonial Road,
Manchester, Connecticut
06040
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code 
(860) 646-6555
(Former name or
former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (
see
General Instruction A.2. below):
[    ] Written communications pursuant to
Rule 425 under the Securities Act (17 CFR 230.425)
[    ] Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
[    ] Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-(b))
[    ] Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Financial Obligation Matter
Item 2.03 - Creation of a Direct
Financial Obligation or an Obligation under an Off Balance Sheet arrangement of
a Registrant.
A 75% owned subsidiary of the Company (Connelly and Partners, LLC) is the owner
of a limited liability company which is a .0005% General Partner in a
partnership that has acquired a 204 unit apartment complex.  The project
was purchased for approximately $4,710,000 from the previous owner, plus an
assumption of a $18,315,000 5.36% note from Mass Housing which is not due until
January, 2024 at which time the Partnership has an option to buy the property at
fair market value.  Additionally, a $4,268,813 note at zero interest
payable to HUD which is not due until sale, refinancing, end of affordability or
repaid from Residual Receipts Funds.
The .999% Limited Partners are investing approximately $9,364,000 and will
receive .999% of the Low Income Housing Tax Credits.  The funds will be
used for a $9,398,000 rehabilitation project which will be done by EH&N
Construction Company, a wholly owned subsidiary of its Company.
The General Partner will collect a development fee of approximately $1,600,000
which could be reduced by cost overruns.
FHRC Management Corp., a wholly owned subsidiary of the Company will manage the
Property.
Additional financing of approximately $5,700,000 will be provided by Mass
Housing Finance Agency and $500,000 will be provided by the Department of
Housing and Community Development, State of Massachusetts.
The accounting treatment of the transaction has not been determined to date and
is under review.
December 1, 2006
First Hartford Corporation
/s/
Stuart I. Greenwald
Stuart I. Greenwald
Treasurer and Secretary