Sen. Gordon Applauds $4 Million Investment in Thompson

Town will receive $4,047,484 CIF Funding, building on

prior work to revitalize historic downtown hub.

State Sen. Jeff Gordon (R-Woodstock) today applauded the expected $4,047,484 in state Community Investment Fund 2030 funding through the Department of Economic and Community Development (DECD) to the Town of Thompson for its “Re-Weaving the Fabric of North Grosvenordale” project. The three-phase project will continue efforts to revitalize the town’s historic downtown hub and includes the Main Street/Riverside Drive loop in the Downtown Mill Rehabilitation District zone (DMRD).

“This is fantastic news for the residents of Thompson and our region. I have been working in a bipartisan way to deliver this funding to the town and spur its economic development. Thank you to Governor Lamont and Commissioner Daniel O’Keefe for supporting our rural community. Also, thank you to the town leaders and town staff for working on, and putting forward the applications to be considered for this funding. This project will provide key infrastructure improvements to public and outdoor facilities, increasing the vibrancy of the Thompson community. When this happens, everyone wins,” said Sen. Gordon.

The project also leverages federal, local, and philanthropic funds.

The CIF will award up to $175 million to applicants each fiscal year across two or more application periods per year. Eligible applicants include municipalities designated in state law as Public Investment Communities or Alliance Districts, community development corporations that serve one or more eligible municipalities, and not-for-profit organizations which serve one or more eligible municipalities.

More about the CIF here.