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10/17/2022
Connecticut Gov. Ned Lamont has approved $6.8 million in state funding to advance transit-oriented development (TOD) projects in six municipalities.
The state's Transit-Oriented Development Grant Program provides funding for shovel-ready capital projects located within a half-mile of existing public transportation stations that also promote the development of infrastructure with the goal of creating walkable, mixed-used spaces, officials from the governor's office said in a press release.
The Connecticut Office of Policy and Management, which administers the program, earlier this year released a request for applications, for which funding was approved by the State Bond Commission in July.
Rail-related projects and grant amounts include $686,770 to purchase land across from the train station in Seymour to be developed for a mixed-used TOD project; and $540,000 for the stabilization or demolition of two railroad pedestrian bridges in Ansonia.
"Transit-oriented development is more than asphalt and train tracks — it is a comprehensive approach that drives businesses and residents to call our state home," Lamont said.