The Community Investment Act

Preservation Connecticut helps lead the coalition to save one of the most important funding sources for preservation:  the Community Investment Act (CIA). Signed into law in 2005 by then-Governor Jodi Rell, the CIA collects real estate recording fees into a fund that helps conserve open space, protect farmland, preserve historic properties, and supplement affordable housing programs.

The program has been an extraordinary success. To date, the CIA has reinvested over $259 million in 1,900 projects in every community across the state.  Since its inception, the CIA made timely and much-needed investments in projects that enhance community character and quality of life, while strengthening our state and local economy with responsible planning, job creation, and leveraging millions of dollars in private matching funds and consequent investment and spending.