Today, Office of Governor Ned Lamont announced that Stamford is one of 12 municipalities in Connecticut that received funding under the Connecticut Communities Challenge Grant Program through the Department of Economic and Community Development.
Norwalk will receive $6,000,000 to provide and expand critical infrastructure that will enable the development of vacant and underutilized sites for a mixed-use/transit-oriented development adjacent to the train station. It will include a minimum of 200 mixed-income residential, 10,000 square feet of commercial, a public plaza, and 60 off-street public parking spaces. The infrastructure upgrades will help support the potential development of an additional 500 new residential units in the area.
According to the Governor's press release, the Connecticut Communities Challenge program was created last year to fund a wide range of revitalization projects with the goal of creating approximately 3,000 new jobs. The program is an important component of Governor Lamont’s Economic Action Plan – a strategic package of initiatives that totals more than $750 million over five years, matched approximately dollar-for-dollar by private and other non-state funding that will result in a projected 80,000 new jobs.
*Image courtesy City of Norwalk
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