|1 Elizabeth Street|
Derby, CT 06418
(203) 736-1496 * Fax (203) 736-8880
Victoria C. LaRue, M.S.W.|
Director of Community Development
IN DERBY SMALL BUSINESS IS OUR ECONOMY
WHEN YOU GROW, PROSPER AND SUCCEED – WE ALL WIN!
The Valley Council Of Governments GIS Map Service
allows internet users to obtain property assessment information as well
as zoning, environmental, and planimetric data.
Click here to access the maps
The overall goal of the Office of Economic and Community
Development is to improve the aesthetic quality of the lives of the
residents of Derby Connecticut by helping to attract, retain and expand
business in Derby. The OECD can help businesses navigate through various
City Departments, can provide information regarding financial and tax
incentives and can assist with finding the right location for your
The OECD also helps secure funding for priority projects in the City of
Derby including, but not limited to infrastructure, brownfields funding,
greenway funding, historic preservation, housing rehabilitation,
business revolving loan funds, demolition, acquisition and various
economic and Community development projects.
The Office coordinates a number
of development activities including these current projects:
Derby-Milford Road Improvements:
operational improvements for Derby-Milford Road at the Route 34
intersection. The project will include a new left turn lane on Route 34,
signal replacement, and full-depth reconstruction on Derby-Milford Road
for 500’ beginning at the intersection.
Greenway Phase IV
Sterling Opera House Improvements
is also one of 18 communities participating in the Naugatuck Valley
Corridor Comprehensive Economic Development Strategy (CEDS), and the
project committee is chaired by Derby's Economic Development Director
Click here for the latest update of their plans.
What the City Can Do to
Enterprise Corridor Zone:
Program is funded by the state and City of Derby, but administered by
the State of Connecticut. The Office of Economic Development can assist
with the application process if needed. Potential benefits of the
5 year 80% abatement of local
property taxes on all real and personal property taxes that is new
to the grand list as a result of business expansion or renovation
Ten year 25% or 50% credit on your CT Corporate Business Tax that is directly related to business relocation, expansion or renovation project.
You must be deemed a manufacturer by the Connecticut Department of
Labor. They will provide a code for your company first in order to
qualify for the tax incentives.
Click here to go directly to
the state site for more information.
Revolving Loan Fund:
All new business expenses – 3% for ten years and interest only the first year. There is a waiting list for this program, and it is on a first come first serve basis
if eligible and currently there is limited funding.
Please call Patty Finn at 203-736-1478 for further
Economic Tax Incentives including:
a) Urban and Industrial Tax Credit Program
b) Corporate Sales Tax Exemptions
c) Corporate Business Tax Exemptions
d) Real and Personal Property Tax Exemptions
(***All programs are subject to specific eligibility requirements)
Small Cities Rehab
The City of Derby OECD is
administering a Small Cities grant from HUD which allows homeowners to
rehabilitate/renovate their homes. The funding is for essential repairs,
non-cosmetic. You must be deemed eligible by federal income guidelines.
Houses that qualify are 1-3 unit residences only. There is a waiting
list, but there is still money available. Derby residents only.
Click here for the application.
Other City Departments &
Inspector Inlands/Wetlands Commission
What the State & Federal
Government Can Do to Help You
Technical assistance for businesses experiencing significant difficulties. Independent and confidential reviews of companies' markets, finances and management. Also provides assistance in development of strategic plans to improve business.
CT Department of Labor Business Incentives
U.S. Small Business Administration
State assistance for Small Businesses
The Federal Emergency
Homeowners’ Loan Program (EHLP) provides assistance to eligible
Connecticut homeowners who are 90 days or more delinquent with their
first mortgage payment as a result of having suffered a loss of income
due to unemployment, underemployment or suffered adverse economic
conditions resulting from a medical emergency or serious injury.
for more information
Click here for a list of
approved counseling agencies
Connecticut Solar Lease Program
is a program designed to make solar energy systems available to moderate income Connecticut homeowners.
Please call the Office of Economic and Community Development at anytime for assistance and/or questions 203.736.1478 and 203.736.1496.
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