The town is looking to acquire state funding to revitalize parcels of land on a major connector road, Rubber Avenue. The borough held a hybrid public informational meeting on Dec. 5 for the Rubber Avenue Corridor Community Investment Fund application through the state Department of Economic and Community Development. The Board of Mayor and Burgesses unanimously approved to submit the application to obtain an $8 million CIF grant where the borough would match it with $400,000 from Tax Increment Financing funds. The borough is near the process of redoing about two-thirds of a mile on Rubber Avenue from the intersection of Melbourne and Hoadley streets to Elm Street through the Local Transportation Capital Improvement Program project. That plan will include a new modern roundabout, drainage improvements, new sidewalks and landscaping along the road.

https://www.rep-am.com/localnews/2023/12/10/naugatuck-applies-for-8m-state-grant-to-revitalize-rubber-avenue-parcels/#login