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Sunday, November 24, 2024

City of Hartford: Swift Factory Renovation Effort Receives $3.7 Million Investment

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City of Hartford issued the following announcement on April 11.

HARTFORD’S SWIFT FACTORY RENOVATION EFFORT RECEIVES $3.7 MILLION INVESTMENT FROM U.S. DEPARTMENT OF COMMERCE

HARTFORD, CONN (April 11, 2022) – Today, Mayor Luke  Bronin joined Congressman John Larson, Community Solutions  International, Inc., Hartford Public Library CEO Bridget Quinn, and  community leaders to celebrate a $3.7 million grant for the renovation  of the Swift Factory. The grant, provided by the U.S. Department of  Commerce’s Economic Development Administration, is funded by the  American Rescue Plan.

This grant will be used to build out a workforce training center and  other small business expansion spaces at Swift Factory, a former gold  leaf factory which sat vacant and deteriorating for many years.  The $34  million renovation of the 65,000-square-foot Swift Factory has focused  on creating jobs, engaging the community in North Hartford, and  supporting local small businesses.

“Thanks to the tireless work of Community Solutions, our North  Hartford NRZs and community members, and our federal delegation, among  so many others, the Swift Factory has once again become a job-creator  and economic engine in North Hartford,” said Mayor Bronin. “The Swift  Factory is now home to a number of rapidly-growing businesses, and will  soon be home to the new Hartford Public Library branch. This new EDA  grant will allow us to build on that momentum and double-down on the  efforts to support local entrepreneurs and job-seekers in North  Hartford." 

“For too long, Hartford’s North End has faced economic disregard and  abandonment resulting in deteriorating housing stock and dwindling job  opportunities for residents,” said Senator Richard Blumenthal. “This  federal grant to spur minority-owned business growth and train workers  is a force multiplier for economic growth in this neighborhood,  community, and greater Hartford area.”

“Swift Factory could have become a post-industrial wasteland when it  was abandoned, but thanks to federal funding, it is turning into a  vibrant hub for nonprofits, schools, and minority- and women-owned  businesses in the North End of Hartford. This infusion of almost $4  million from the American Rescue Plan will help bring in even more  tenants, create new jobs, and provide a major boost to local economy,”  said Senator Chris Murphy.

“This $3.7 million grant will build on years-long efforts to  revitalize Hartford’s Swift Factory,” said Congressman John B. Larson  (CT-01). “We enhanced the Economic Adjustment Assistance program by  passing the American Rescue Plan to spur job growth in communities that  were hit hardest by this pandemic, like Hartford’s North End. Through  the creation of a workforce training center and expanded opportunities  for small businesses at Swift, this project will be an engine of  economic opportunity, supporting new jobs and sustained economic growth  in North Hartford.”

"We are excited by opportunities this funding provides to create new  pathways to generational wealth and economic empowerment for the North  Hartford community. The funding allows us to work with our community  partners to provide meaningful employment, workforce training and small  business opportunities in a community that has long suffered from a  history of disinvestments, disproportionately low household income and  high unemployment rates," said John Thomas, Community Solutions  assistant project manager, community engagement & social media.

Hartford Public Library’s newest branch, which was launched in March,  be an anchor tenant of the Swift Factory. It will use 15,000 square  feet for library services and an innovative learning center. The branch  will offer entrepreneurial classes, technology training, GED and pre-GED  classes, citizenship classes, and technical workforce training.  Construction of the library and job training center is expected to be  completed within 18 months with a target groundbreaking in the fall of  2022.

“These federal funds are crucial to achieving our goal of creating a  space where North Hartford residents of all ages can have access to  life-changing educational and job training opportunities,” said Hartford  Public Library President and CEO Bridget E. Quinn. “We are incredibly  grateful to our partners at Community Solutions as well as our  congressional delegation for their support of our grant application, and  we are eager to get to work on this project.”

“The Swift Factory is a brick-and-mortar community hub that provides  North End residents with the resources and supports they need to excel,”  said Courtenay Jackson, North Hartford Promise Zone Director. “It is  exciting to see what started as just an idea—redeveloping a building  that was once a pillar in the community—come to fruition and become a  key community asset once again. It's just as exciting to know that the  North Hartford Promise Zone residents have been active participants on  this journey, and we thank Community Solutions for their partnership.” 

This grant was funded under the EDA’s American Rescue Plan Economic  Adjustment Assistance program, which makes $500 million in Economic  Adjustment Assistance grants available to American communities. The  Economic Adjustment Assistance program grants aim to help communities  plan, build, innovate, and put people back to work through construction  or non-construction projects designed to meet local needs.

The Swift Factory is a historic building that began as a Gold Leafing  manufacturing company right in North Hartford. After its decline in the  late 20th century, it closed its doors permanently in 2005.  After Community Solutions, a nationally-renowned nonprofit organization  dedicated to ending homelessness and the conditions that create it,  acquired the Swift Factory, it began work to renovate the building,  which was completed in 2020 and already houses several small businesses.

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