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…
Department of Economic and Community Development
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…
The Department of Economic and Community Development was cited by state auditors for forgiving or modifying state loans to companies totaling $23.6 million and awarding $16 million in excess assistance through the First Five Plus…
While perhaps not as big a box-office flop as The Adventures of Pluto Nash, Connecticut’s film tax credit program hasn’t resulted in significant job growth or economic gains, according to a new study conducted by the…
A whistleblower complaint filed by a former employee with the Department of Economic and Community Development alleges the department is keeping delinquent and unpaid loans on the books through loan modifications and additional loans in…
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