Oak Central News Today

A series of political strikes is set to disrupt various activities and services in Finland on 1–2 February 2024.

M&T Bank is awarding $6 million in grants to 44 nonprofit organizations across Connecticut, the company announced.  The Buffalo, New York-based bank, which recently acquired People’s United Bank, is providing the grants through its Connecticut Amplify Fund. The $25 million program will provide unrestricted multi-year support to organizations.   The Amplify Fund serves Connecticut, New York, Massachusetts, New Hampshire, Maine and Vermont – states in which M&T has branch locations t...

/PRNewswire/ -- M&T Bank today announced the first of a group of Amplify Fund-Connecticut grants totaling $6 million awarded to 44 non-profit organizations...

M&T Bank has awarded its Amplify Fund grants, giving $6 million to 44 Connecticut nonprofits. Announced in May 2022, the fund is aimed at addressing underserved, marginalized and overlooked communities.

/PRNewswire/ -- M&T Bank today announced the first of a group of Amplify Fund-Connecticut grants totaling $6 million awarded to 44 non-profit organizations...

The Community Investment Fund 2030 board – a new group led by top lawmakers – approved $76.4 million in state grants Tuesday for development and community projects in distressed municipalities. Middletown is in line for $12 million to fund its "Return to the Riverbend" plan, an effort to make better connections with parkland and redevelop industrial, commercial and waste treatment sites along the Connecticut River. 

A redevelopment of the Martin Luther King apartments in Hartford’s Sheldon Charter Oak neighborhood has been stymied after organizers learned inflation and higher interest rates have increased the project’s costs by about $8 million.  “We thought we had it sourced, but interest rates went up and construction costs went up,” said Capital Region Development Authority Executive Director Michael Freimuth of the now $58 million project. “We got hit on both ends and it opened up a hole.”

A redevelopment of the Martin Luther King apartments in Hartford’s Sheldon Charter Oak Neighborhood has been stymied after organizers learned inflation and higher interest rates have increased the project’s costs by about $8 million. “We thought we had it sourced, but interest rates went up and construction costs went up,” said Capital Region Development Authority Executive Director Michael Freimuth of the now $58 million project. “We got hit on both ends and it opened up a hole.”