SENATOR ANWAR WELCOMES VOTE SUPPORTING $250,000 STATE GRANT FOR EAST WINDSOR AFFORDABLE DEVELOPMENT

Today, State Senator Saud Anwar (D-South Windsor) welcomed a vote by the bipartisan Community Investment Fund 2030 board, commonly known as CIF, that will bring $250,000 to East Windsor to support affordable housing.

The $250,000 grant will support the development of two vacant parcels of land adjacent to the currently existing Park Hill senior and disabled apartment community.

The CIF vote is a necessary step toward final approval of the CIF plan by the State Bond Commission, which must vote in the next 60 days.

“The CIF program delivers strong results, helping towns and cities across the state access funds that support vital initiatives in their communities like this one,” said Sen. Anwar. “It’s inspiring and reassuring to know East Windsor will benefit from these funds in support of new affordable housing development in town, with this grant speeding the planning process.”

The Housing Corporation of East Windsor will receive $250,000 for “Park Hill 2 & 3,” part of its nonprofit mission of expanding quality affordable housing for low- and moderate-income individuals in the East Windsor area. Park Hill 2 & 3 will be built adjacent to the existing Park Hill community, with project funds moving the planning process forward to prepare the 13-acre property for development.

The Community Investment Fund 2030 (CIF) was created by a bipartisan vote of the General Assembly in 2021 and is funded through state bonding.

The CIF fosters economic development in historically underserved communities across the state. The CIF will provide a total of up to $875 million to eligible municipalities as well as not-for-profit organizations and community development corporations that operate within them.

Grants are available for capital improvement programs, like brownfield remediation, affordable housing, infrastructure, clean energy development and home/public facility rehabilitation; small business capital programs like micro loan programs, gap financing and start-up funds supporting small businesses; and planning for capital projects, like community engagement processes, feasibility studies, development of project plans and construction budgets.