Announcements, State News

Bond Commission Approves Over $167M in Funding for Housing Development

State of Connecticut
 

The Connecticut State Bond Commission met on Friday, January 29 and approved over $167 million for housing and homelessness related funding. 

  • The Department of Housing was allocated $55.4 million to finance grants-in-aids and loans for various housing projects and programs under the Flexible Housing Program 
  • The Department of Economic and Community Development was allocated $12.5 million to supplement the Brownfield Remediation and Revitalization Program
  • The Department of Housing was allocated $750,000 for the Homelessness Prevention and Response Fund
  • The Office of Policy and Management was allocated $37.4 million for the development and implementation of information technology enhancements for various state agencies including the Department of Social Services, and the Office of Policy and Management
  • The Department of Housing was allocated $21.6 million to provide funding for projects under the Housing Trust Fund
  • The Office of Policy and Management was allocated $10 million to provide grants-in-aid to various municipalities under the Small Town Economic Assistance Program
  • The Office of Policy and Management was allocated $30.2 million for grants-in-aid for urban development projects 

Click here to view the full bond agenda.  

 
 

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