Economic Development News & Updates in
Greater New Haven
New Master Plan Details Tweed Expansion
Move the airport terminal across the border into East Haven. Extend the main runway by 1,035 feet to allow for longer-distance flights.

Both of those proposals are included in Tweed-New Haven Airport’s new master plan, which is slated to be submitted to federal regulators later this month.

Tweed-New Haven Airport Authority Executive Director Sean Scanlon gave those updates Wednesday morning during the latest monthly city Development Commission meeting, which was held online via Zoom. Read More
Gov. Lamont announces accelerated schedule to provide COVID-19 vaccines to CT residents 16 and older starting April 5
Governor Ned Lamont has announced that he is accelerating the state’s age-based rollout of the COVID-19 vaccine to proceed on a quicker schedule than originally planned.

The revised schedule tentatively plans for the COVID vaccine to expand to all adults over the age of 16 by April 5. This comes after the Biden administration announced that we should see a significant increase in supplies of all three vaccines over the next several weeks.

Individuals who are currently eligible to receive the vaccine include:

  • All individuals age 55 and older;
  • Healthcare personnel;
  • Medical first responders;
  • Residents and staff of long-term care facilities;
  • Residents and staff of select congregate settings; and
  • PreK-12 school staff and professional childcare providers.

Going forward, the rollout of the vaccine will proceed on the following schedule:

  • March 19: Scheduling opens to all individuals age 45 to 54
  • April 5 (tentative): Scheduling opens to all individuals age 16 to 44
  • The state will work with providers and the Department of Developmental Services to accelerate access for the most medically high-risk individuals under 45 during the month of April.
COVID-19 has changed New Haven’s downtown, but will those changes stick?
As COVD-19 vaccine rates continue to rise, some in New Haven, are waiting to see how the city’s downtown area will rebound from the pandemic

Prior to the arrival of pendemic, New Haven liked to think of itself as the food and culture capital of Conneticut. That swager took a hit as city office buildings and sidewalks emptied, leaving some in the business community wondering how bad could things get.

Nevertheless, the city’s Economic Development Administrator Michael Piscitelli is bullish on New Haven’s recovery. Piscitelli said the building blocks for a return to a more robust recovery over the nest several years: Even in the midst of the pandemic, the city led the state with permits for 750 units of new housing, which he said led entire state. Read More
New Haven Green
SBA Extends Deferment Period for all COVID-19 EIDL and Other Disaster Loans until 2022
The U.S. Small Business Administration announced extended deferment periods for all disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until 2022.

  • All SBA disaster loans made in calendar year 2020, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 24-months from the date of the note.
  • All SBA disaster loans made in calendar year 2021, including COVID-19 EIDL, will have a first payment due date extended from 12-months to 18-months from the date of the note.

Existing SBA disaster loans approved prior to 2020 in regular servicing status as of March 1, 2020, received an automatic deferment of principal and interest payments through December 31, 2020. This initial deferment period was subsequently extended through March 31, 2021. An additional 12-month deferment of principal and interest payments will be automatically granted to these borrowers. Borrowers will resume their regular payment schedule with the payment immediately preceding March 31, 2022, unless the borrower voluntarily continues to make payments while on deferment. It is important to note that the interest will continue to accrue on the outstanding balance of the loan throughout the duration of the deferment. Read More
More News & Events
Pandemic ‘Silver Lining:' Cities, Towns Planning for More Outdoor Dining Read More

As CT home prices spike, buyers move fast with offers — and still fall short Read More

Subway to move 10% of Milford-based jobs to Miami Read More

Shuttered Venue Operators Grant Read More

Despite pandemic, 2021 promises to be record year for local college admissions Read More