The Department of Economic and Community Development (“DECD”) acts as administrator for the Community Investment Fund 2030 (“CIF”), a five-year program designed to support historically disadvantaged communities across the state.
Donor Name: Community Investment Fund
State: Connecticut
County: All Counties
Type of Grant: Grant
Deadline: 12/05/2025
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
Funding Information
The total capital project budget must be at least $1,500,000. Planning budgets must be at least $250,000.
Uses of Funds
As detailed more fully in this NOFA, Approved Projects must:
- Be submitted by an Eligible Applicant.
- Promote economic or community development in such municipality; and
- Further consistent and systematic fair, just and impartial treatment of all individuals, including individuals who belong to underserved and marginalized communities that have been denied such treatment, as further detailed in the statute.
Eligible Projects
There are two categories of Eligible Projects:
- Capital Improvements
- Planning
Capital Improvements
- Brownfield remediation
- Affordable housing
- Establishment of or improvements to water and sewer infrastructure to support smaller scale economic development,
- Pedestrian safety, and traffic calming improvements;
- Establishment of or improvements to energy resiliency or clean energy projects and
- Site acquisition^ and capital projects to construct;
- Rehabilitation or renovation of buildings and structures to facilitate or improve home rehabilitation programs; or
- Rehabilitation or renovation of public facilities such as libraries and senior centers
Planning
- $250,000 standard award amount
- Eligible activities to be funded include community engagement processes, feasibility studies, sustainability analysis and planning, development of project plan, conceptual drawings, construction budget documents, and environmental reports.
- $1,500,000 minimum budget is NOT mandatory. With respect to Planning requests (defined hereinafter), the Administrator will consider:
- Potential final project alignment with the state’s Economic Action Plan for inclusive growth built on four pillars:
- Workforce: Broaden the base of skilled workers to meet increasing industry demand
- Communities: Attract and retain talent by investing in vibrant and affordable communities for all
- Innovation: Support growth and generate inclusive economic opportunity with CT’s most innovative and specialized industries
- Business Environment: Improve CT’s environment and reputation for starting and growing businesses
- Alignment with DECD best practices and efficient use of taxpayer funds by:
- Presenting a realistic and comprehensive budget;
- Including a realistic and comprehensive planning plan;
- Demonstrating planning project-readiness; and
- Leveraging non-state funding.
- Potential State Historic Preservation impacts on project, budget and timeline
- Potential need for Connecticut Environmental Policy Act (CEPA) scoping and impact on project budget and timeline.
Eligibility Criteria
Eligible Applicants include (i) municipalities which are designated in state law as either Public Investment Communities or Alliance Districts; (ii) community development corporations which serve one or more such municipalities; and (iii) not-for-profit organizations which serve one or more of such municipalities.
For more information, visit CIF.
