Gov. Ned Lamont on Tuesday announced $36.5 million in grants for eight economic development projects, including $5.5 million to help build 57 apartments in Hartford and $5.3 million to help transform a blighted factory in Torrington into a marketplace and offices. “We created this grant program as a component of our efforts to spur economic growth and the creation of new jobs as we emerge from the COVID-19 pandemic,” Lamont said. This latest round of Connecticut Communities Challenge grants will leverage approximately $143.5 million worth of investment from other sources for projects that fit the state program’s goals of supporting livability, vibrancy and equity. The $100 million grant program aims to create approximately 3,000 jobs and is a pillar of Lamont’s statewide economic development strategy. The state aims to allocate about half of funding to projects in distressed municipalities.
https://www.hartfordbusiness.com/article/major-greater-hartford-ct-development-projects-get-boost-from-new-state-funding