Written by Gov. Ned Lamont
Governor Ned Lamont today announced that the State Bond Commission has voted to approve $3.77 million for the next phase of Bridgeport’s Cherry Street Lofts brownfield cleanup project. Investigation, remediation, and abatement of contaminants from the environment is critical for Phase III of the project’s development. These include building much-needed supermarket and retail space, which is estimated to create a 250 new, permanent jobs in the neighborhood.
“Supporting and investing in local economic projects has always been a significant part of my agenda,” Governor Lamont said. “I visited this project and saw firsthand how transformative it could be for Bridgeport. Between the growth of new jobs and the creation of environmentally conscious housing and transit-oriented development – all within a federally designated opportunity zone – this is just the kind of plan that will keep driving and revitalizing our economy.”
Bridgeport announces $1 million in financial assistance for business impacted by COVID-19
Those local businesses interested in applying have until January 15 at 2 PM for grant funding up to $25,000
Credit: AP
FILE - This April 3, 2019, file photo shows a tip box filled with U.S. currency in New York. In these uncertain times, financial advisers are urging clients to not only have an emergency fund but also to consider expanding their rainy-day savings. For example, if you’ve had three months’ worth of savings, consider increasing it to six; if you’ve had a six-month cushion, increase it to nine. (AP Photo/Mark Lennihan, File)