Middletown Planning, Conservation & Development Newsletter- August 30, 2011
Hurricane Irene Business Assistance
The State of Connecticut, Department of Economic and Community Development has established a program to assist businesses negatively impacted by Hurricane Irene are eligible for assistance, including bridge financing and loans covering uninsured losses, through DECD. Highlights of this assistance include:
- Loans of up to $200,000 to companies for storm-related damage, including property, machinery and equipment, and working capital;
- Loan guarantees of up to $200,000 will be provided to banks and other lenders to spur local lending to businesses impacted by the storm;
- Grants will be available to businesses for assistance in disaster recovery, such as temporary help and training; and
- Technical assistance, linking businesses to a wide array of state and federal resources.
Agricultural businesses are eligible for funding.
Information for all services can be obtained by calling 1-860-270-8215. or go tohttp://www.ct.gov/ecd/cwp/view.asp?a=1097&q=485346
MIDDLETOWN STATISTICS REPORT- AUGUST 2011
↓ Local Economy-.Unemployed jumped up to 8.9%. Hiring in July was up slightly, but not enough to offset increases in unemployment.
↔ Housing- Foreclosures have decrease again for the 4th straight month. Sales continue their weak trends, but a housing correction should be reaching an end. The real estate market likely will not see sustained gains until employment rebounds.
↑ Web Presence- Web presence for Middletown has increased for a second month. Searches reveal a hot new restaurant downtown, Mondo.
Full Report can be found at: http://www.middletownplanning.com/documents/MStat_Report_Aug_2011.pdf
MEETINGS OF THE WEEK
Zoning Board of Appeals
Thursday, September 1 - CANCELLED
RECENT COMMISSION ACTIONS (Unofficial results)
You can find agendas, minutes and legal notices at www.middletownplanning.com
If you would like to be removed from this mailing list, please email your request to michiel.wackers@cityofmiddletown.com
No comments:
Post a Comment