Shelton receives $70K in federal funds for economic development

Exterior of Shelton City Hall, in Shelton, Conn. Jan. 11, 2021.

Exterior of Shelton City Hall, in Shelton, Conn. Jan. 11, 2021.

Ned Gerard / Hearst Connecticut Media

SHELTON — The Shelton Economic Development Corporation has received $70,000 in federal funding to bring investment and jobs to the city and the Naugatuck Valley Corridor Economic Development District.

The funds, which come from the U.S. Economic Development Administration, were announced Wednesday by U.S. representatives Jim Himes, Rosa DeLauro and Jajana Hayes.

“This recent grant award will allow us to continue the momentum that has begun in fostering the economic vitality of our region,” SEDC President Paul Grimmer said. “We applaud our congressional delegation in securing this funding and look forward to achieving our important goals.”

According to Grimmer, the grant will be used to establish an economic development planning framework, process, and strategy that supports private capital investment and job creation in the region.

“Bringing economic development to Southwest Connecticut is of the utmost importance,” Himes said. “Connecticut businesses are still recovering from the COVID-19 pandemic. This grant will support small businesses and help diversify and strengthen our local economy.

Himes said he was proud that federal funds would now be used to support economic growth in Shelton.

“I remain committed to working alongside our community partners to foster economic growth in Fairfield County,” he said.

Sheila O’Malley, chair of the economic development district, praised the administration and Congressional delegation.

“The (federal) award will help strategize our regions’ priorities, and in particular communities that are considered economically distressed,” O’Malley said.

DeLauro said the pandemic upended lives and businesses and stalled economic opportunity across Connecticut. Legislators are in a fight to jumpstart local development, protect struggling businesses from closing for good, and help working, and middle-class families get back on their feet, she said.

“The hardworking and dedicated people that keep Shelton businesses afloat need support from the federal government as they rebuild,” DeLauro said. “As chair of the Appropriations Committee, I am proud we secured this funding for Shelton businesses and workers to not only survive but also thrive and build a brighter future.”

Hayes said these funds will further support the mission of providing resources for the surrounding community and helping to grow the local economy.

“As Connecticut continues to recover from the COVID-19 pandemic, these dollars will play a vital role in getting us back on track,” Hayes said. “I will continue to work with my colleagues in the delegation to bring more money back to our state.”