Bridgeport Project To Receive $10 Million Grant

Bridgeport CT

28 December, 2021

10:02 AM

Description

HARTFORD, CT — The State Bond Commission is expected to approve $124 million in new investments in small business growth, workforce training, and community revitalization, according to a statement from Gov. Ned Lamont. One of the projects receiving funds is the remediation of the Remington Arms Facility in Bridgeport. Included is a $10 million grant for redevelopment and remediation of the former Remington Arms Facility. Lamont said the investments are expected to create thousands of jobs in the coming years. "Investing in our communities through revitalization projects, workforce development training, and small business support is a key part of our plan to accelerate long-lasting and equitable economic development in Connecticut," Lamont said in a statement. "These investments are aimed at creating thousands of new jobs, improving the vibrancy and quality of life in our communities, and making all corners of the state even more attractive for investment and opportunity."