Funds Available for Stratford, Seymour, and Local Nonprofits

Last year, I voted in support of establishing a state Community Investment Fund (CIF) to invest in underserved communities in Connecticut through economic development and small business, education, and infrastructure projects.

Eligible municipalities, community development corporations, or nonprofit organizations are eligible to apply for funding. The application will be opening in the coming days.

Grants are available for:

• Capital improvement programs, such as brownfield remediation, affordable housing, infrastructure, clean energy development, and home or public facility rehabilitation
• Small business capital programs, including revolving or micro loan programs, gap financing, and start-up funds to establish small businesses

Eligible applicants include:

• Municipalities designated in state law as Public Investment Communities or Alliance Districts (in the 21st District, that includes Seymour and Stratford)
• Community development corporations which serve one or more eligible municipalities
• Not-for-profit organizations which serve one or more eligible municipalities

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Eligible applicants may apply for funding from the CIF by visiting portal.ct.gov/communityinvestmentfund.  Notice of funding Availability and application materials are available now, and the deadline to submit applications is July 25.

DECD will hold a series of informational webinars in the coming weeks to review CIF details and the application process. The first of these webinars will be held on Wednesday, June 1, 2022, at 11:00 a.m. Interested parties can sign up at portal.ct.gov/communityinvestmentfund.