New Britain legislative delegation welcomes $6 million in funding for Columbus CommonsApril 16, 2018
The New Britain legislative delegation welcomed approval of funds for the Columbus Commons project on April 13 to assist with the first phase of its development.
The Connecticut State Bond Commission today approved a $6 million loan to the project stakeholders that will help with the construction of 80 new units of rental housing with 64 income-restricted affordable units.
Last year lawmakers announced the start of the project’s construction that in addition will include commercial space for retail, office space and restaurants.
“As we move forward with efforts to revitalize our downtown, it is important that we continue to invest in quality housing. The State Bond Commission’s approval of this funding is a critical piece in allowing this project to become the centerpiece of our city’s renaissance,” said state Rep. Rick Lopes, D-New Britain.