42 chapters · 774 sections in this title.
Conn. Gen. Stat. § 8-240k Community economic development program. Establishment of entity.
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Sec. 8-240k. Community economic development program. Establishment of entity. (a) As used in this section and section 8-240l, “low and moderate income individuals” means individuals earning not more than the state median income, as determined by the United States Department of Ho…
Conn. Gen. Stat. § 8-240l Board of directors. Duties. Goals. Establishment of affiliates. Provision of financial assistance.
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Sec. 8-240l. Board of directors. Duties. Goals. Establishment of affiliates. Provision of financial assistance. (a)(1) Prior to October 1, 2024, the entity created pursuant to subsection (b) of section 8-240k shall be governed by a state-wide board of directors appointed as follo…
Conn. Gen. Stat. § 8-240m Financial assistance.
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Sec. 8-240m. Financial assistance. (a) The state, acting by and through the Commissioner of Economic and Community Development, may provide financial assistance, including, without limitation, financial assistance in the form of grants, loans and the purchase of capital stock, fo…
Conn. Gen. Stat. § 8-240n Annual report.
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Sec. 8-240n. Annual report. On or before the second Wednesday after the convening of each regular session of the General Assembly, beginning with the 1995 regular session, the entity created pursuant to subsection (b) of section 8-240k shall submit a report in an electronic form …
Conn. Gen. Stat. § 8-240o Definitions.
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Sec. 8-240o. Definitions. As used in sections 8-240p to 8-240s, inclusive, and 32-235: (1) “Community Economic Development Fund” means the entity established pursuant to subsection (b) of section 8-240k to accomplish the community economic development program; (2) “Microenterpris…
Conn. Gen. Stat. § 8-240p Pilot microloan program for microenterprises.
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Sec. 8-240p. Pilot microloan program for microenterprises. There is established a pilot microloan program for microenterprises under which the Commissioner of Economic and Community Development shall make grants to the Community Economic Development Fund or any other regional rev…
Conn. Gen. Stat. § 8-240q Eligible activities for grants under pilot microloan program for microenterprises.
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Sec. 8-240q. Eligible activities for grants under pilot microloan program for microenterprises. The grants provided under section 8-240p shall be used to: (1) Identify appropriate microloan applicants state-wide; (2) Evaluate the need for a prospective microloan applicant's busin…
Conn. Gen. Stat. § 8-240r Criteria for grants to microloan generating organizations.
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Sec. 8-240r. Criteria for grants to microloan generating organizations. The Community Economic Development Fund or any other regional revolving loan programs within the state shall consider the following criteria in making a grant to a microloan generating organization: (1) Sourc…
Conn. Gen. Stat. § 8-240s Report.
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Sec. 8-240s. Report. Not later than June 30, 2007, the Community Economic Development Fund shall submit a report, in accordance with section 11-4a, on the status and results of sections 8-240o to 8-240q, inclusive, to the joint standing committee of the General Assembly having co…