CT eyes borrowing hundreds of millions for housing, marina upgrades, trans-Atlantic flight and other economic development efforts

Apr 9, 2025 | Uncategorized

The state Bond Commission, on Friday, will consider borrowing $680.7 million for a laundry list of economic development and other initiatives. Housing is a leading theme, with officials set to borrow $192 million for various development and maintenance programs. The state Department of Housing is up for $135 million for its “flexible housing program,” a key initiative to partner with developers, municipalities and nonprofits for the creation of affordable housing. Friday’s agenda includes funding for a host of economic development efforts. Hartford, for instance, is up for $5.4 million for a cleanup of a roughly 33-acre abandoned junkyard along Bartholemew and Flatbush avenues. There’s also $1.36 million in revenue guarantees for Aer Lingus to ensure the airline continues its direct flight out of Bradley International Airport to Dublin, Ireland through 2026.

CT eyes borrowing hundreds of millions for housing, marina upgrades, trans-Atlantic flight and other economic development efforts

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