Regulations of Connecticut State Agencies (Last Updated: June 14,2023) |
Title4 Management of State Agencies |
SubTitle4-66c. Urban Act Program |
Sec. 4-66c-1. Application review |
Latest version.
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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. |
(Effective October 25, 1984) |