CT Trust for Historic Preservation Makes Investment in Capital for Change

{Hartford, CT February 11, 2019}—Capital for Change (C4C), a Hartford-based Community Development Financial Institution, has received a five-year, $200,000 capital investment from the Connecticut Trust for Historic Preservation. This funding will help finance the renovation of properties listed on the official National or Connecticut or local Registers of Historic Places, or any building placed into service prior to 1936, by bridging historic tax credits awarded to projects for these properties.

The investment stems from Connecticut Trust for Historic Preservation’s Circuit Rider program, which was established in 2001 with funding from the National Trust for Historic Preservation. It is entirely dedicated to the rehabilitation and revitalization of historic buildings throughout the state

 “This investment exemplifies The Trust’s desire to leverage partnerships with community-focused organizations to achieve our goal of preserving and protecting Connecticut’s historic structures”, said Jane Montanaro, Executive Director, CT Trust for Historic Preservation. “C4C shares our commitment to preservation and sustainability and together we can increase our impact.”

Calvin B. Vinal, President & CEO of Capital for Change agrees. “Capital for Change has a long history of working with the CT Trust and is delighted to be in a position to expand our partnership by leveraging its resources to reach more historic properties in our 168 cities and towns that are true gems from New England’s past.”

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