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Committee votes to renew downtown facade grant, removes five-year waiting requirement
Summary
The New London Economic Development Committee voted to forward to council a plan to replenish the downtown facade grant to $40,000, remove the five‑year wait between awards, and add priority for first‑time recipients; three members abstained.
The New London Economic Development Committee voted to forward a plan to City Council to replenish the downtown facade improvement grant at $40,000, drop the five‑year waiting period between awards, and add language prioritizing applicants who have not previously received the grant.
City Administrator Chad reported the program’s 2024 performance, saying, “the committee budgeted for about $40,000 for the program,” and that reimbursements paid totaled $15,570.25 after five projects completed their reimbursement paperwork. Chad added that total private investment alongside the reimbursements equaled $29,040.50.
The nut graf: Committee members said the program encourages downtown improvements and recommended keeping the fund open to recurring applicants because the committee has not…
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