Connecticut Bond Panel Awards $15M for Nonprofits

The Connecticut Bond Commission approved nearly $15 million in funding for nonprofit organizations.

"Partnering with our nonprofit organizations is a smart fiscal investment," Gov. Dannel Malloy said after the commission's July 25 meeting.

Thirty two nonprofit organizations are scheduled to receive funding, including cultural and historic organizations and organizations providing health care and human services.

Terry Edelstein, Malloy's nonprofit liaison, said the funds will help nonprofit organizations streamline programs and services through local, regional and statewide collaborations.

Six nonprofit organizations in collaboration with nine other agencies were awarded funding through the Office of Policy and Management's nonprofit collaboration incentive grant program, which provides funds for one-time infrastructure costs to improve the efficiency and effectiveness of the services provided by the agencies.

In addition, the bond panel Friday authorized awards to nonprofit organizations funded through the Department of Social Services, Department of Mental Health and Addiction Services, Department of Economic and Community Development, Department of Public Health and other state agency bond pools.

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Connecticut
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