
Senator Honig Applauds CIF Vote to Fund Market Street Creatives in Torrington
Senator Paul Honig, D-Harwinton, today celebrated a vote by the Community Investment Fund (CIF) Board to recommend $698,350 in state funding for Market Street Creatives, a business incubator, creative workspace, and cultural center in Torrington.
The CIF vote represents a key step in the process of securing final approval of the funding by the State Bond Commission, which must meet within the next 60 days to take up the board’s recommendations.
Market Street Creatives already hosts more than 180 vendors at its current location, with a waiting list for space, and the CIF funding would support a significant expansion of the operation.
“This investment will help small and home-based businesses in Torrington grow, and that’s good for the entire region,” Senator Honig said. “Market Street Creatives has already proven the model works. This funding lets them add studio space, coworking, and an event venue that fills a real gap in the region. I look forward to the State Bond Commission’s final approval.”
The Community Investment Fund was established by the Connecticut General Assembly to direct state investment toward historically underserved communities. CIF grants are recommended by a board of directors and must receive final approval from the State Bond Commission.
FOR IMMEDIATE RELEASE
Contact: Hugh McQuaid | hugh.mcquaid@cga.ct.gov |
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