The Small Business Initiatives and Support Division is excited to announce the City of Hartford is directing up to $5,000,000 in the format of forgivable loans to commercial property owners in the City of Hartford through its Neighborhood Investment Fund Program. The intent of this program is to provide commercial property owners and business owners with funds to help build-out storefront spaces and to make improvements to existing commercial storefront spaces, providing a much-needed economic boost to our Neighborhood Commercial Corridors.
Major commercial corridors including Albany Avenue, North Main Street, Park Street (Between Main Street and Park Terrace), and Maple Avenue are eligible areas. Business Owner/Entrepreneur and Property Owner Interest Forms will be reviewed on a rolling basis with pre-applications/interest forms submitted by April 30th, 2025 prioritized.
All storefront commercial properties within defined major commercial corridors will be eligible, but special considerations will be given to the following:
- Vacant properties adjacent to other vacant properties
- MWBE’s and/or Hartford based businesses/entrepreneurs
- Restaurant and Retail Uses
Pre-Application Forms
Are you are a business owner or entrepreneur looking to open a storefront in Hartford? Complete the Pre-Application/Interest Form below:
Complete the Neighborhood Investment Fund Business Owner Interest Form!
Are you a property owner interested in opening or improving a storefront tenant space in one of the defined business corridors? Complete the Pre-Application/Interest Form below:
Complete the Neighborhood Investment Fund Property Owner Interest Form!
Are you a community member who would like to provide input on the program? Complete the Input Form below:
Complete the Neighborhood Investment Fund Input Form!
Program Overview
For more details regarding this program, including eligibility guidelines, please review the program overview:
Neighborhood Investment Fund - Program Overview(PDF, 91KB)