Norwich, New London, Preston to receive $19 million in state grants

A second Norwich business park, a New London community center and improvements to Poquetanuck Village in Preston were the recipients of $19 million in state grants Tuesday through the Community Investment Fund 2030. The local approvals were among 28 grants totaling $98.5 million approved by the Community Investment Fund Board Tuesday and will be forwarded to the State Bond Commission for approval. The Norwich Community Development Corp. received the second-largest overall grant with $11.3 million to fund 2,700 feet of a new access road into the 384-acre second business park in Occum. NCDC President Kevin Brown said the money will pay to build the road and install utilities from Route 97 near the Interstate 395 Exit 18 ramp to an intersection with Canterbury Turnpike. Felix Reyes, director of the city’s Office of Development and Planning, said the project is now fully funded, but the city will continue to raise funds to leverage the bond money. He said the $7.2 million grant will go towards the construction of the project.

https://www.theday.com/local-news/20230314/norwich-new-london-preston-to-receive-19-million-in-state-grants/

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