GOV. MALLOY ANNOUNCES UNPRECEDENTED INVESTMENT IN BROWNFIELD REMEDIATION PROJECTS AROUND THE STATE
$27 Million Awarded in Funding For Round 5 of Remediation and Redevelopment Program
Governor Dannel P. Malloy, joined by state and local officials in Bridgeport, today announced that the Connecticut Department of Economic and Community Development (DECD) has awarded a total of $27 million in grants and loans to 20 brownfield remediation and redevelopment projects in cities and towns around the state.
In May 2014, Governor Malloy announced that DECD would be accepting applications for up to $20 million of brownfield remediation and redevelopment funding in the form of loans and grants to municipalities and developers, with applications due on June 30, 2014.
“Revitalizing Connecticut’s cities and downtowns is critical to continuing the State’s economic momentum, and with the announcement of today’s investments we are taking a significant step toward reactivating priority brownfield sites in every corner of the State,” said DECD Commissioner Catherine H. Smith
Awards made under this round of funding may be used for a range of brownfield remediation and redevelopment activities, including abatement, demolition, site investigation and assessment, groundwater monitoring, installation of institutional controls, and professional services fees associated with redevelopment including attorney’s fees, and planning, design and consulting fees.
For more on DECD’s state brownfield redevelopment programs and additional information on the rating and ranking criteria for this funding round, visit www.ctbrownfields.gov.