| This week, State Senator Rick Lopes, State Representatives Manny Sanchez, Robert Sanchez, Peter Tercyak and Gary Turco welcomed $500,000 in state funding from the Community Investment Fund for New Britain.
The Community Investment Fund (CIF) was developed to foster economic development in historically underserved Connecticut communities. The fund has released hundreds of millions of dollars to eligible municipalities, not-for-profit organizations and community development corporations.
Grants are available for:
- Capital improvement programs, such as brownfield remediation, affordable housing, infrastructure, clean energy development, and home or public facility rehabilitation
- Small business capital programs, including revolving or micro loan programs, gap financing, and start-up funds to establish small businesses
- Planning for capital projects including activities such as community engagement processes, feasibility studies, development of project plan and construction budget.
The City of New Britain has been awarded $250,000 to assist with community engagement and planning to transform the Mount Pleasant – Myrtle Street Corridor into a sustainable community.
Additionally, The Boys and Girls Club of New Britain has been awarded $250,000 for renovations and updates to the popular Camp Schade, creating more accessibility and providing a safe and modern summer camp for New Britain youth.
“I am encouraged to see the release of these CIF funds that will help the continued development of Camp Schade and the Myrtle St. corridor,” said Sen. Rick Lopes. “After the delegation recently secured $2.5 million in state funding to help Camp Schade re-open, I am eager to continue to support this piece of New Britain history. There is more development ahead, but through state and private investment, the Myrtle St. corridor will soon see a better tomorrow.”
“Renovating Camp Schade has been an ongoing goal to give youths more options and accessibility at a safe summer camp. Hopefully this project comes to fruition soon,” Rep. Robert Sanchez said. “Transforming abandoned and underutilized parcels and properties into vibrant, useful assets for New Britain has been a top priority. This recent CIF funding for planning goals and design for the Mount Pleasant – Myrtle Street Corridor project is money well spent. I have been in conversation and looking forward to this redevelopment for over 10 years. I join my colleagues in thanking the Board for their support of these funding items.”
“Delivering for the children of New Britain is always a priority for our delegation and the $250,000 in funding for Camp Schade will help ensure that future generations are able to take advantage of this life changing facility. Projects like this are exactly what was envisioned with the creation of the community investment fund, and we look forward to the final product,” Rep. Manny Sanchez said. “The $250,000 in funding secured to advance the Mount Pleasant – Myrtle Street Corridor project is also the fruit of our delegation’s hard work as we transform a distressed parcel into a sustainable community that will enhance the quality of life for its residents.”
“I applaud the approval of this funding by the CIF Board for two projects that will engage the community in planning the transformation of a distressed area into a sustainable community and help Camp Schade become a more accessible, safe and modern summer camp,” Rep. Gary Turco said.
“Camp Schade’s comeback is exciting. My brother John and I have many fond memories of our days at Camp Schade, where every kid in New Britain should have a chance to experience those good times,” said Rep. Peter Tercyak. |
