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Connecticut Launches Housing Initiative with CMDA
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Connecticuts New Housing Initiative: The CMDAs Low-Interest Loans for Development
Connecticut has launched a new initiative to boost housing development, especially near transit hubs. The Connecticut Municipal Development Authority (CMDA) has thirty-two communities on board and ninety million dollars in bonding power for low-interest loans. Led by David Kooris, a well-known figure in Connecticuts development scene, the CMDA aims to address the critical need for more housing, particularly affordable options, by providing financial tools to overcome development hurdles. Bridgeport, New Haven, and Manchester have officially joined the CMDA, committing to create development districts near major transit hubs and downtown areas.
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Bristol Commission Recommends Industrial Zone for Land
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