January 8, 2013

Press Release as it appeared on the website of Governor Dannel Malloy

STEAP Funds Will Help Local Businesses that Sustained Economic Losses

(HARTFORD, CT) – Governor Dannel P. Malloy today announced a $500,000 Small Town Economic Assistance Program (STEAP) grant to Newtown to assist the local businesses that incurred economic losses in the wake of the Sandy Hook Elementary School shooting. Many area businesses were adversely impacted by weeks of road closures and having entrances blocked by excessive traffic and parking. The funding will be administered by Newtown.

“Our thoughts and prayers continue to be with everyone that was affected by the horrible events at Sandy Hook Elementary School,” said Governor Malloy. “Even as we work toward broader reforms to better protect our communities, these STEAP funds will have an immediate impact on the regional economy and protect area jobs.”

“In the midst of unimaginable shock and grief, the global response to the Newtown tragedy has been inspiring,” said State Senator John McKinney (R-Fairfield). “This grant will help Newtown’s local businesses and the people they employ weather the economic toll this tragedy has taken on their community.”

“The tragedy in Newtown has permeated all aspects of our community. In addition to the obvious course we must take to begin our healing, we must not forget about the local businesses that have been adversely affected by this situation,” said State Representative Christopher Lyddy (D-Newtown). “This $500,000 grant reinforces that we value our local businesses and appreciate the contributions they make to our town. I am grateful to Governor Malloy and his administration for their quick action in supporting our efforts.”

“The Town of Newtown is very grateful to our state government, the Governor, and the Office of Policy and Management for taking quick action to assist us in support of our Sandy Hook businesses,” said E. Patricia Llodra, First Selectman. “In the aftermath of the shootings, our businesses were essentially shut down by the volume of traffic and media preventing customers from getting to stores, services, and restaurants during the busiest shopping days of the year. On behalf of the town, we are appreciative of this extraordinary kindness and appreciation for our difficulties.”

The grant is funded through an October 2012 allocation by State Bond Commission.