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A group created by state lawmakers to invest in distressed municipalities approved $3 million to help transform a long-shuttered Hartford diner into a community center Tuesday.
The Asylum Hill Neighborhood Association’s $3 million request for the 1,767-square-foot former Aetna Diner at 267 Farmington Ave. was among 27 proposals that were tentatively approved for $74.28 million in funding by the Community Investment Fund 2030 board Tuesday morning.
Chaired by State House Speaker Matthew Ritter and Senate President Pro Tempore Martin R. Looney, the board was created by state lawmakers in 2020 with the mandate to approve up to $875 million for community-building projects in distressed municipalities over five years.
“CIF funds can be a game changer and help restore vibrant and healthy communities," Ritter said in a released statement. "Here in Hartford we are seeing projects be earmarked with the resources they need to spark additional development and growth — projects like the Aetna/Comet Diner property, the Charter Oak Cultural Center, the Hartford Workforce Hub and the transformation of the blighted former Chester Bowles Park Housing into Willow Creek."
House Matt Ritter said,
Requests by municipalities and nonprofits that were approved by the Community Investment Fund 2030 Board still must pass the state Bond Commission.
Other items passed Tuesday include:
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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