Community Investment Fund 2030 Seeking Applicants
May 23, 2022
Help spread the word! The application period for Connecticut’s Community Investment Fund 2030 opens soon.
As a community partner committed to strengthening the future of Fairfield County, we are excited to help spread the word that the application and review process for the statewide Community Investment Fund 2030 (CIF) has been established by the CIF Board and applications will be accepted soon.
The CIF, a program established in statute in 2021, has the goal of unlocking economic potential in underserved communities by promoting economic and community development in Connecticut’s Public Investment Communities and Alliance Districts.
Eligible municipalities, as well as community development corporations and nonprofit organizations serving such municipalities, can apply for funding to support capital improvements and small business support projects totaling up to $175 million per year, for the next five years.
CIF projects must 1) promote economic or community development in an eligible municipality were the project is located and 2) further the consistent and systemic fair, just and impartial treatment of all individuals.
It is an important goal of the CIF to bring new communities and organizations to the table as applicants. Please help us spread the word to eligible nonprofit and community development corporations about this important opportunity.
Next week, the Department of Economic and Community Development will issue a formal Notice of Funding Availability and application materials, which will appear on its website at portal.ct.gov/communityinvestmentfund.
DECD plans on providing online informational sessions for eligible applicants, with the first scheduled on Wednesday, June 1, 2022 at 11:00am.