May 29, 2026

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SEN. MARX WELCOMES $11.41 MILLION IN NEW LONDON SUPPORT FROM STATE BOND COMMISSION

FOR IMMEDIATE RELEASE
May 29, 2026
 
SEN. MARX WELCOMES $11.41 MILLION IN NEW LONDON SUPPORT FROM STATE BOND COMMISSION
State Senator Martha Marx (D-New London) today welcomed the State Bond Commission’s approval of a total of $11.41 million in support for New London, including $7 million supporting development of new housing units and $3.41 million supporting renovations and improvements at the Interdistrict School for Arts and Communication.

The funds in question include $5 million for a loan to support the conversion of the former The Day newspaper headquarters at 47 Eugene O’Neill Drive into apartments, a museum and retail spaces and $2 million for a loan supporting the conversion of 78-88 State Street into a mixed-use building with 25 apartments and ground-floor commercial space.

Another $3.41 million will support HVAC replacement, window replacement, roof replacements and elevator overhauls at the Interdistrict School.

“This key support will benefit our community through new housing units and investments in important areas of town, as well as making sure our schools are providing students with comfortable, welcoming environments,” said Sen. Marx. “I’m especially encouraged to see these funds support new housing units in our region, which are sorely needed. I’m grateful to Governor Lamont and the State Bond Commission for their continued investment in New London.”
 

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