Connecticut Administrative Code
Title 4 - Management of State Agencies
66c - Urban Act Program
Section 4-66c-1 - Application review
Current through December 12, 2024
In reviewing and approving applications pursuant to Subdivision 1 of Subsection (b) of Section 4-66c of the General Statutes, received from eligible municipalities, the Commissioner of Economic Development shall consider the following:
(a) impact of the project on the local neighborhood, region and/or the state;
(b) long term economic benefit of the program;
(c) impact on the local tax base;
(d) potential for job creation and retention;
(e) potential for private investments;
(f) applicant's financial committment to the project;
(g) applicant's ability to implement the project in a timely manner;
(h) the relative need for the project and the extent to which the project will advance the purposes set forth in Sec. 4-66b.