Bill > HB05470

This bill authorizes the State Bond Commission to issue up to $5 million in state bonds to provide a grant to the city of New Haven for renovating building facades and making site improvements in the Hill and Fair Haven neighborhoods. The bonds will be issued in accordance with section 3-20 of the general statutes, which likely outlines the legal process for state bond issuance. The funding will be administered by the Department of Economic and Community Development, with the goal of supporting urban renewal and neighborhood revitalization in these specific areas of New Haven. By providing this grant, the state aims to help improve the physical appearance and infrastructure of these neighborhoods, potentially attracting new residents, businesses, and investment to these communities.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05470&which_year=2025