The Department of Economic and Community Development, which awards low-interest, forgivable loans and tax credits to businesses, has been all too forgiving and generous, according to a new audit. Loans and tax credits made to…
Department of Economic and Community Development
With COVID-19 vaccinations well underway in Connecticut some festivals and outdoor activities appear poised to return over the summer, and it may present an opportunity for Connecticut’s capital city – and the state itself –…
A bill that would award a massive tax break to data centers is being fast-tracked through the Finance, Revenue and Bonding Committee and will receive emergency certification for a vote in the House of Representatives…
The Connecticut Restaurant Association estimates that as many as 600 restaurants have closed permanently as a result of the COVID-19 pandemic and subsequent business restrictions but another wave of closures in the leisure and hospitality…
The Department of Economic and Community Development offers loans, grants and business tax credits to qualifying businesses under a variety of program intended to boost economic activity and jobs in the state. But according to…
The Department of Housing paid exorbitant fees to a lender administrating the Shoreline Resiliency Loan Fund, part of Gov. Dannel Malloy’s Shore Up CT program created in 2014 to give homeowners and businesses low interest…
Gov. Ned Lamont issued an executive order Friday that extended his April 17 order requiring face masks to be worn in public places where six feet of social distancing cannot be maintained. The order, signed…
Three years ago, Dillon Stadium was a run-down, unused and possibly dangerous area, with poor grounds and rusted bleachers that were not up to code. Today it stands renewed, hosting a professional soccer team, vendors,…
More than 1,300 restaurants have self-certified to open to outdoor dining on May 20 when Gov. Ned Lamont is rolling back the closure of restaurants to the public that have left those businesses struggling and…
Global financial services giant UBS AG received $11.4 million in loan forgiveness from the state of Connecticut after cutting roughly 1,300 jobs, according to both a state audit and information listed on the Connecticut Open…