Lamont announces $13M to assist affordable housing projects
Gov. Ned Lamont's administration awarded 13 cities and towns a total of $13 million Thursday to finance housing rehabilitation to support low- and moderate-income households.
"These grants go a long way toward improving neighborhoods so that we can make our communities more attractive and encourage continued growth for the benefit of all of our residents," Lamont said.
The funding comes from the U.S. Department of Housing and Urban Development's Community Development Block Grant Small Cities program. The distribution of those funds in Connecticut is administered by the state Department of Housing, which awards specific grants. Read More
Tweed-New Haven Regional Airport Launches Master Plan Update
Tweed-New Haven Regional Airport (HVN) has just launched a master plan update (MPU). When finalized and approved early in 2021, the MPU will provide HVN with a vision and blueprint for at least the next 20 years. By creating improved access to the worldwide air transportation system, it will help define HVN's important, emerging, and transformative role in the economic vibrancy of all Southern Connecticut.
An MPU is a standard, periodic Federal Aviation Administration (FAA) process, funded primarily by the FAA with participation from HVN's governance body, the Tweed-New Haven Airport Authority (TNHAA). TNHAA, created by state statute, operates HVN under a long-term lease from its owner, the City of New Haven. The Town of East Haven also concurred with the lease agreement. HVN's last MPU was completed in 2002.
Arvinas, Bayer launch crop-science biotech
New Haven-based Arvinas Inc. and pharma giant Bayer on Tuesday officially launched a new biotech company that aims to help farmers better protect their crops.
The spinoff, Oerth Bio (pronounced Earth), will leverage Bayer's crop-science expertise and Arvinas' protein-degrader technology, known as PROTAC, to develop sustainable agricultural products, officials from both companies said.
The two life science companies first announced plans for the joint venture in June. At the time, Arvinas CEO John Houston told New Haven BIZ this would be the first time a protein degrader, an emerging type of treatment in the oncology field, would be applied to plants.
Arvinas has developed drugs for breast and prostate cancer using its PROTAC technology, which harnesses the body's own protein-disposal system to eliminate proteins that cause disease.
The companies are hoping the technology can also be used to address resistance mechanisms plants have developed against existing pest-control products. Read More
Ground Broken On Mary Wade Home Expansion
Ground was ceremonially broken Wednesday morning on a new expanded campus of the Mary Wade Home.
The 75,000 square-foot building will house 84 one and two-bedroom assisted living units, including 20 especially equipped for people in need of "memory care."
The new structure - two stories high on the south side and three on the north -is being designed to complement the fine old historic pile of bricks of the current century-old structure on Pine Street. It will stretch an entire block of Clinton Avenue from Pine to Grafton.
To mark the moment nearly 100 people- builders, community activists, politicians including Mayor Toni Harp and mayoral candidate Justin Elicker, were on hand to hear speeches, and to pose in front of the ceremonial golden shovels arranged beside a neat pile of dirt. Read More
CT DECD presents an Opportunity Zones Workshop
Omni New Haven Hotel at Yale
155 Temple Street
New Haven, CT 06510
Connecticut has 72 federally-designated Opportunity Zones in urban areas and suburban centers located throughout the state. These Opportunity Zones are closely aligned with the state's priorities and investments. This DECD conference will highlight state and municipal efforts to support Opportunity Zones through coordinated investments and regulatory streamlining. Join investors, developers, content experts and local leaders to learn about Opportunity Zones across Connecticut and stay at the forefront of this booming industry.
The conference will include panels, interactive discussions and networking designed to educate stakeholders about the inner-working of Opportunity Zones in Connecticut. The marketplace will expose potential partners to some of Connecticut's best investment opportunities. Attendees will gain insight on how communities can develop public-private strategies, learn about existing state legislation, understand business opportunities, and leverage local assets and resources.
10/3 5-7 p.m. Join the New Haven Manufacturers Association in celebrating Manufacturing Day at an Open House at Bad Sons Beer Co. Read More