Thirteen percent of Meriden’s housing stock is considered affordable, second only to New Haven in the county. Much of that affordable housing was funded through low-income tax credits and is located downtown. Despite Meriden’s spot along the Hartford Line, business owners have said it’s difficult to find investors to build restaurants and breweries downtown because of the area’s income demographic. “It goes back to housing,” Lamont said. “More housing is needed to accommodate restaurants, and businesses and a developer taking out building permits.” Lamont and others Thursday pointed to Build for Connecticut as a possible solution for financing market-rate housing. The program is administered by the state Department of Housing and the Connecticut Housing Finance Authority. Build for Connecticut is a $800 million bond investment in the creation and preservation of housing covering a wide spectrum of need.
https://www.stamfordadvocate.com/recordjournal/article/ned-lamont-meriden-train-station-transit-oriented-18590254.php