Top state, federal officials celebrate $7M in new brownfield funding for CT at blighted Waterbury industrial site

Top Waterbury, state and federal officials gathered in the cracked parking lot of a crumbling industrial complex in Waterbury Thursday afternoon, celebrating $4 million in new federal brownfield cleanup funds that will help clear away industrial eyesores in the greater Waterbury area. It is part of a larger pool of about $7 million in new brownfield funds coming to Connecticut, in part, from the $1 trillion Infrastructure Investment and Jobs Act of 2021. Another $3.9 million of the new federal funding is going to the Naugatuck Valley Council of Governments, a quasi-governmental entity providing planning, transportation and development services to 19 Naugatuck Valley municipalities, including Waterbury. Rick Dunne, executive director of NVCOG, said the money will recharge the agency’s nearly depleted brownfields revolving loan fund, which is used to provide a portion of financing for brownfield projects that would otherwise be economically unfeasible.

https://www.hartfordbusiness.com/article/top-state-federal-officials-celebrate-7m-in-new-brownfield-funding-for-ct-at-blighted

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