Financial Resources for Managing & Redeveloping Connecticut’s Downtowns
New Haven CT
Financing a Downtown Management Program
Steve Gibson, President, Urban Place Consulting Group
Rena Masten Leddy, Executive Director, Town Green Special Services District (New Haven)
This session will provide national and local examples of successful and well-funded downtown management programs, a discussion of the benefits to all stakeholders, and practical step-by-step guidance on establishing a Special Services District / Business Improvement District in your community.
State & Federal Resources for Downtowns
Julie Fagan, CT Field Officer, U. S. Department of Housing and Urban Development
Julie Carmelich, Federal & State Historic Tax Credit Programs, State of CT Commission on Culture & Tourism
Peter Simmons, Office of Responsible Growth, State of CT Department of Economic & Community Development
Bruce Chudwick, Esq., Partner, Shipman & Goodwin, LLP
It is long past the time when we can just focus on downtown revitalization, one project at a time. State and federal funds are still available for investing in downtown, but are now directed to initiatives that are championed by strong partnerships focused on sustainable community development that has regional impact. State and federal representatives will review the programs and resources available to downtowns and what you need to know about submitting a competitive application.
Financing Downtown Development
Kevin Gremse, Director, National Development Council
Mark Cousineau, President, Connecticut Community Investment Corporation (CTCIC)
Nancy O’Brien, Multi-Housing Development Programs, Connecticut Housing Finance Authority (CHFA)
Andrea Pereira, Executive Director, Local Initiatives Support Corporation (LISC-Hartford)
Parag Mehta, RA, AIA, Principal, P M Architecture
Financing mixed-use, and sometimes mixed-income, projects (so important for healthy downtowns) can be complex, requiring multiple sources of debt and equity. Collectively, this panel of experts has decades of experience putting together resources for deals in downtowns. Presentations will range from affordable housing clustered around town greens in rural settings, to market-rate mixed-use adaptive reuse projects in Connecticut’s largest historic urban environments. Attendees will learn about the myriad financing programs that are available and what is needed to access the right combination of resources to complete a successful development in downtown – small or large.