STIMULATING LOCAL ECONOMY

EXCEEDING EXPECTATIONS

HELPING LOCAL COMMUNITY

CREATING JOBS IN CONNECTICUT


             THE COMMUNITY INVESTMENT ACT PA 05-228 PA 09-3


Helpful Links: 

PA 05-228 "AN ACT CONCERNING FARM LAND PRESERVATION, LAND PROTECTION, AFFORDABLE HOUSING AND HISTORIC PRESERVATION"


Governor's Bill No. 946 "AN ACT CONCERNING REVENUE ITEMS TO IMPLEMENT THE GOVERNOR'S BUDGET" See page 38/53


​Governor's Bill No. 6825 "AN ACT MAKING DEFICIENCY APPROPRIATIONS AND ADDRESSING THE DEFICIT FOR THE FISCAL YEAR ENDING JUNE 30, 2015" See page 15/15




Agricultural Viability & Dairy Farming- Historic Preservation- Open Space- Affordable Housing- Local Capital Improvement Projects- Town Clerk Records Management

The Community Investment Act implements the goals of the State of Connecticut to protect and preserve the beauty and unique character of the state for future generations through a designated funding stream.


Under the Community Investment Act, a $40 recording fee is collected on every real-estate transaction. The fees are then distributed in support of historic preservation, protecting open spaces, preserving farmland, and creating affordable housing.


The Community Investment Act has funded 1100 projects in 165 towns for a total of $133 million given back to Connecticut.


The Community Investment Act has helped to sustain the character and strengthen the economy of nearly every town in Connecticut.

Since 2006, some 3,000 jobs have been created in the affordable housing and historic preservation sectors due to CIA projects, including jobs for construction workers, architects, engineers, historic consultants, plumbers, electricians, mason, and jobs in the tourism industry. The $873 million outdoor recreation industry and the $3.5 billion dollar agricultural industry, which together generate 28,000 jobs, is strengthened  by CIA investments in local farm businesses and land protection.