Norwich awarded .4 million from Community Investment Fund 2030
While many people called the federal American Rescue Plan Act funds a once-in-a-lifetime opportunity, Connecticut has its own funding that may be j...
While many people called the federal American Rescue Plan Act funds a once-in-a-lifetime opportunity, Connecticut has its own funding that may be just as impactful. The state, via the Community Investment Fund 2030 Board, awarded $98.5 million to distressed municipalities across the state in the second of 10 total rounds of funding Tuesday. With $175 million awardable per year for five years, the program will provide funds to winning applications from 55 eligible municipalities across the state. These projects can range from infrastructure to economic development and community needs.