FOR IMMEDIATE RELEASE
Contact: Joe O’Leary | Joe.OLeary@cga.ct.gov | 508-479-4969
March 10, 2026
Today, the East Hartford delegation including State Senator Saud Anwar (D-South Windsor), House Majority Leader Jason Rojas (D-East Hartford), State Representative Henry Genga (D-East Hartford) and State Representative Patrick Biggins (D-East Hartford, Manchester) welcomed the Community Investment Fund’s approval of $6 million to be released to East Hartford to support the redevelopment of 111 Founders Plaza into an apartment building.
The funds, which will receive final approval from the State Bond Commission in the near future, would support the redevelopment of the former corporate office tower on Founders Plaza into up to 260 residential apartments with high-quality amenities including a community room, a fitness center, a resident lounge, work-from-home spaces and other features.
“This project will help carve into Connecticut’s housing shortage by turning unused spaces into new homes that can support hundreds of residents with high-end amenities,” said Sen. Anwar. “This project would create jobs, housing units and boost local tax revenue by more than $1 million – it’s the perfect kind of community investment and I’m grateful to Governor Lamont and the CIF Board for their continued support in East Hartford.”
“By creating livable spaces, we are also enabling municipalities to modernize infrastructure and move the needle toward building vibrant, inclusive communities across Connecticut while addressing the ongoing housing crisis,” Majority Leader Jason Rojas said.
“East Hartford has incredible potential, and the Community Investment Fund’s approval of $6 million for the redevelopment of 111 Founders Plaza is a major step forward for our community. Transforming this former office tower into modern residential apartments will help bring new life to our riverfront, attract residents, and support local businesses. I’m thankful to CIF for recognizing the importance of investing in East Hartford, and I look forward to the State Bond Commission’s final approval so this exciting project can move ahead,” said Rep. Genga.
“I am so excited about the potential of this project, and I’d like to thank the CIF for its commitment to East Hartford,” Rep. Biggins said. “Using this space for housing addresses a serious statewide issue. I look forward to seeing this project build our community.”