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| New Haven is in the midst of a notable transformation designed to bring the city into the new millennium poised for sustained growth. Major projects include a massive $1.5 billion agenda designed to grow New Haven's downtown, where nearly half of the city's jobs are centered, and renew our relationship with the New Haven waterfront. The agenda includes: * Renewal of our historic waterfront and initiatives creating a 269-slip marina and a permanent berth for the replica slave ship Amistad. * Expansion and renovation of shoreline commuter rail stations and expansion of I-95, a major artery connecting New Haven to New York City and Boston. * A $2.7 million Small Business Initiative to provide small-business owners with capital resources - in the form of a revolving loan fund - as well as technical assistance in such areas as accounting, marketing and inventory control. * The 1999 creation of a federal Empowerment Zone (EZ), which gives the city access to $100 million in grants, $130 million in tax credits, and new programs aimed at implementing a strategic plan. The plan calls for an aggressive expansion of workforce development initiatives and incentives to businesses for employing EZ residents. In recent years, numerous other improvements aimed at improving New Haven's infrastructure have either been completed or are under way. Among them are: * $3.15 million in construction projects to improve Tweed-New Haven Airport and an updated master plan to map out the facility's future and improve the level of utilization. * A doubling of the city's investment in parks and public works maintenance efforts and a Citywide Beautification Initiative to improve public spaces and support more than 400 community gardens and green spaces. * A Livable City Initiative that, to date, has rehabilitated 500 housing units, trained 500 residents in homeownership, and established the most aggressive housing code enforcement program in the state. * The Ninth Square project, which revamped an old industrial and shopping area into a modern shopping, business and residential center. source: http://www.newhavenbiz.com/Business_Advantage/major_improvements.asp Date: 062606 |