Transit-Oriented Development Fund
Connecticut’s Transit-Oriented Development Fund supports research-driven, mixed-use, and affordable housing projects near transit stations to promote sustainable growth and community revitalization.
Funder: Connecticut Department of Economic and Community Development
Due Dates (Anticipated): October 2026 (Full application deadline, projected)
Funding Amounts: $15 million total fund; loans up to $3 million per project (pre-development and acquisition financing)
Summary: Supports Connecticut municipalities and regional councils in developing transit-oriented, mixed-use, and affordable housing projects near transit stations.
Key Information: This is a forecasted opportunity; all dates are projected and subject to change.
Description
The Transit-Oriented Development Fund is a competitive program aimed at catalyzing responsible growth and revitalization in Connecticut communities by supporting development projects near public transit stations. The fund supports municipalities, regional councils of government, and eligible private or nonprofit developers in creating mixed-use and residential developments within a half-mile of designated transit corridors. The initiative is designed to increase affordable housing, expand neighborhood services, leverage private investment, and generate local jobs, thereby strengthening local economies through transportation-related development.
