Affordable Housing, Announcements, Community Development, State News

State Bond Commission Approves $537M for Funding


The State Bond Commission met and approved all 36 items on the agenda for a total of $537 million. In addition to the numerous transportation and infrastructure projects that were approved, the commission also approved a few housing and transit-oriented development projects. They are as follows:

  • $2 million to the CT Children’s Medical Center to finance the Lead Abatement for Medical Primary Prevention Program. The program covers 15 communities.
  • $500,000 to the City of New Britain for downtown redevelopment planning that will include mixed use and transit-oriented development.
  • $2.5 million to the Department of Transportation to support transit-oriented development projects statewide.
  • $5 million to the Office of Policy and Management to its Local Capital Improvement Fund to provide reimbursements to municipalities with approved projects. 

Click here to view the full agenda.

Read more at the CTNewsJunkie

Read more at the CTMirror.  


Filter News By