Politics & Government
State Awards $2 Million For Groton Early Childhood Education
The funds are part of $74 million that will go toward projects across the state.
GROTON, CT — The State Bond Commission has approved $74 million in funding for the fourth round of grants under the Community Investment Fund 2030. Included in those funds is $2 million for early childhood education in Groton.
The grant will go toward the Thames Valley Council for Community Action. The money will go toward the Groton Early Childhood Education Center, funding predevelopment for a new building resulting in an expansion of childcare.
The state grant fund was created in 2022 to support economic development in historically underserved communities across Connecticut, according to a statement. The program is anticipated to release up to $875 million in grants over a five-year period.
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Eligible projects include capital improvements, such as those focused on affordable housing, brownfield remediation, infrastructure, and public facilities, as well as small business support programs that provide revolving loans, gap financing, microloans, or start-up financing.
“Each of these grants are focused on infrastructure improvement projects that will enhance the economic vibrancy of historically underserved neighborhoods and help these towns and cities revitalize their economic base,” Gov. Ned Lamont said in a statement. “I am glad that we could partner with each of these organizations on these projects so that we can drive growth in communities across Connecticut.”
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