New state board allocates $76.4M for economic development; Middletown, New Haven, Waterbury big winners

The Community Investment Fund 2030 board – a new group led by top lawmakers – approved $76.4 million in state grants Tuesday for development and community projects in distressed municipalities.

Middletown is in line for $12 million to fund its "Return to the Riverbend" plan, an effort to make better connections with parkland and redevelop industrial, commercial and waste treatment sites along the Connecticut River. 

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