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In June 2021, state Treasurer Shawn Wooden made history in Connecticut with the passage of the CT Baby Bonds program, a first-of-its-kind statewide policy aimed at narrowing the racial wealth gap. The...
In June 2021, state Treasurer Shawn Wooden made history in Connecticut with the passage of the CT Baby Bonds program, a first-of-its-kind statewide policy aimed at narrowing the racial wealth gap.
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“I witnessed firsthand how generational poverty holds a community and individuals back,” said Treasurer Wooden, a Black man who grew up in a poor neighborhood in Hartford, on the day he announced the proposal.
Connecticut was nationally lauded for its passage of a law that would implement a baby bonds program. Here's how the program never got funded.
Dixwell Plaza's mixed-use redevelopment, a new health center on Grand Avenue, and new affordable apartments on Shelton Avenue were some of the dozen New…