As Hartford Mayor Eddie A. Perez begins his third term, he is planning economic development projects that will include a mix of public-private partnerships.

The city plans to makes its first investment — with the use of bond proceeds — for its Neighborhood Development Fund by “targeting some of Hartford’s most stubborn blight,” Perez said in his inaugural speech on Monday. Perez first announced plans for the Neighborhood Development Fund in his 2007 state of the city address in March. The city plans to use the funds to create new houses and apartments along with new neighborhood shopping outlets.

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