The House approved bills Wednesday pledging $100 million-plus in new municipal aid and offering tax incentives to attract data centers.
Economic Development
Posted inMoney
CT’s legal marijuana trade is ready to bloom
One medical pot grower just spent $7.6 million on a building with space equal to more than four football fields.
Posted inTransportation
Lamont’s budget keeps transportation program afloat through 2026 with new truck fee
Gov. Ned Lamont’s new budget would keep Connecticut’s transportation program solvent through 2026 with a new fee on trucks.
Posted inMoney
Lamont leans heavily on federal aid to keep taxes flat in CT
Gov. Ned Lamont relies on federal funding and state reserves to balance his new budget without significant tax hikes.
Posted inEconomic Development
Data suggests dozens of towns are violating CT Supreme Court decision on exclusionary zoning
The study by Desegregate CT was released as lawmakers, who are divided over zoning reforms, prepare to tackle the issue.
Posted inCities & Towns, Economic Development
Can opportunity zones revive struggling neighborhoods?
The federal tax incentive draws private investment to distressed neighborhoods, but there are problems with the program.
Posted inEconomic Development
Minority businesses: Wounded by COVID, but key to inclusive revival
Tia Woods had been the coordinator of a dance program. It closed but left her with space in East Hartford. She had a business idea: Woods, who is Black, knew many minority artisans needed space to show and sell their products. So in February 2019, she created what she called a “modern consignment boutique” called […]
Posted inEconomic Development
Does ‘snob zoning’ lead to segregated suburbs in CT?
What’s happening in this liberal suburb is a reflection of land-use decisions playing out in wealthy suburbs across the state.
Posted inEconomic Development, Money
Transportation infrastructure could be key to inclusive economic recovery, but investment has languished
Advocates say Connecticut must rebuild its aging transportation network and expand public transit to provide economic opportunity for all.
Posted inHealth
COVID-19 hospitalizations surge as state prepares for holiday weekend
While coronavirus-related hospitalizations surged, Gov. Ned Lamont again pledged to impose steep fines on businesses that flout pandemic capacity rules.
Posted inHousing
In recovering urban areas, homeownership makes all the difference
Five years ago, the neighborhood was largely blighted. Now, a playground sits on a cleaned-up lot.
Posted inMoney
How is the state’s economy reacting to the pandemic? CT Mirror’s economic indicator dashboard breaks it down
Connecticut’s economy took a hit when the coronavirus pandemic arrived, and there is still a lot of recovery ahead.
Posted inEconomic Development
Connecticut ranks last in personal income growth over past year
A new report from Pew Charitable Trusts ranks Connecticut dead last in personal income growth over the past year.
Posted inEconomic Development
How infrastructure improvements can aid inclusive revival
Inclusive infrastructure is an economic and quality-of-life win for everyone.
Posted inEconomic Development
CT economy will struggle until at least 2030 to recover from COVID, UConn report warns
The UConn think tank also said state has hurt itself by failing to make investments in information technology.