Community Economic Development Fund

Loan Eligibility

Requirements To Apply For A Loan at CEDF

Connecticut Businesses Must Meet One Of The Following Requirements To Be Eligible To Apply

  • Location Eligible: the business is not bankable* and is located in one of the 53 eligible communities listed below and regardless of household income level, or...
  • Income Eligible: the business is not bankable*, is not located in an eligible community, but meets the total annual household income level of $89,701 or less.
  • *Definition of not bankable: The business is unable to obtain a loan from a traditional bank.

Eligible Communities

  • Ansonia
  • Ashford
  • Beacon Falls
  • Bloomfield
  • Bridgeport*
  • Bristol*
  • Brooklyn
  • Chaplin
  • Derby
  • East Hartford*
  • East Haven
  • East Windsor
  • Enfield
  • Griswold
  • Groton*
  • Hamden*
  • Hampton
  • Hartford*
  • Killingly
  • Manchester
  • Mansfield
  • Meriden*
  • Middletown*
  • Milford
  • Montville
  • Naugatuck
  • New Britain*
  • New Haven*
  • New London*
  • Norwalk*
  • Norwich*
  • Plainfield
  • Plainville
  • Plymouth
  • Putnam
  • Scotland
  • Seymour
  • Southington*
  • Sprague
  • Stafford
  • Stamford*
  • Sterling
  • Stratford
  • Thomaston
  • Torrington
  • Vernon
  • Voluntown
  • Waterbury*
  • West Haven
  • West Hartford
  • Winchester
  • Windham*
  • Windsor

 

*17 TICs = Targeted Investment Communities     36 PICs = Public Investment Communities   

 

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