Bristol joins new agency with funding to boost downtown development across the state

The city is partnering with a new state development agency that has $60 million to boost housing development in town centers around the state.

The Bristol City Council approved a memorandum of understanding with the CT Municipal Development Authority on Tuesday night, opening the door for the city to access those funds as it looks to continue downtown redevelopment.

Founded last year and funded with $60 million in state bond money, the quasi-public CT Municipal Development Authority is set up to help cities and towns spur development in their downtowns and districts near public transportation.