Funding Approved For Hartford Projects

December 20, 2019

The State Bond Commission approved funding for several Hartford projects that will contribute to economic activity and help improve housing.

Items for Hartford’s 4th District include:

  • $2,900,000 for a grant-in-aid to the City of Hartford for the renovations of the 88 bed McKinney Shelter on Huyshope Avenue.
  • $1,500,000 for a loan to Colt Gateway LLC for the development of 26 units of rental housing on the top two floors of the U-Shaped Building at the Colt Armory Complex in Hartford.
  • $12,000,000 for a loan and mortgage to the Pratt Street Imitative Partnership for the conversion of 196 Trumbull Street and 99 Pratt Street into 129 rental housing units with refreshed retail spaces at street level.

The State Bond Commission met on December 18. Hartford items are included on the Agenda.