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NVCOG to assume management of Naugatuck Valley Corridor Economic Development District; EDA planning grant invitation expected
Summary
The board authorized NVCOG to take over management and oversight of the Naugatuck Valley Corridor Economic Development District previously handled by SEDC and said an invitation to apply for a three‑year EDA planning grant was expected.
NVCOG staff asked the board to adopt a resolution to assume management and oversight of the Naugatuck Valley Corridor Economic Development District (EDD) previously administered by SEDC, a change staff said is needed to apply for U.S. Economic Development Administration planning funds.
Drew (staff) presented the transition request and thanked Mayor Loretti and the SEDC team for cooperating on the handoff. Staff said they have worked with SEDC and EDA on administrative items and that the board’s adoption of the resolution would be the final step to assume operational responsibility and pursue funding. The board adopted the resolution by voice vote after a motion and second; the motion carried.
Drew also said NVCOG had received an email indicating EDA would soon issue invitations to apply for a three‑year planning grant that supports regional economic development strategy work. No specific grant award was accepted at the meeting; staff said they would proceed with the EDA application process if invited.
