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Bridgeport council approves revenue bond support for Jewish Home after amending local payment terms
Summary
After a public hearing with criticism over executive pay and local job impacts, the Bridgeport City Council approved revenue bonds for the Jewish Home for the Elderly, Series 2026, after amending a related payment from $50,000 to $80,000 and adopting the main motion as amended.
The Bridgeport City Council voted Feb. 17 to approve revenue bond assistance for the Jewish Home for the Elderly, Series 2026, after first amending the municipal payment term.
During a public hearing opened by Mayor (the mayor), resident Maria Pereira said she opposed the measure, citing the nonprofit’s executive pay and arguing the project would not expand the city’s tax base or create substantial living‑wage jobs. “The CEO this year alone is making $925,000,” Pereira said, adding that the top six employees receive about $2,200,000 combined and that the home’s 2023 revenue exceeded $68 million. Pereira said prior local facility failures left hundreds of…
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