Larson Touts Promise Zone Job Creation Act in Hartford's North End
Hartford, CT – Today, Rep. John B. Larson (CT-01) visited Associated Supermarkets in Hartford’s North End for a press conference announcing his bill, the Promise Zone Job Creation Act. Larson was joined by Mayor Luke Bronin, State Rep. Brandon McGee, State Rep. Matt Ritter, State Rep. Ed Vargas, andLou Sterling, owner of the newly opened Associated Supermarkets. The Promise Zone Job Creation Act will create new tax credits to encourage employers like Sterling to hire residents of federally-designated Promise Zones and invest in the Zone.
“The North End and other Promise Zones face real problems, but they are also home to employers like Lou Sterling who want to help their communities rebound,” said Larson. “While the Promise Zone designation assures priority consideration for federal funding and AmeriCorps VISTA volunteers, I know we can do more. My bill would give Mr. Sterling and other employers a tax credit for investing in the Zone and its residents. I applaud Mr. Sterling for his efforts to revitalize the community, and I thank Mayor Luke Bronin, the entire Hartford delegation, and all of our local leaders for their strong support of Hartford’s Promise Zone.”
“In the North Hartford Promise Zone, we’re tackling the challenge of creating economic opportunity in a neighborhood that faces Great Depression level unemployment,” said Mayor Bronin. “That’s why measures like the Promise Zone Job Creation Act, which will incentivize companies and property owners to invest in the future of this long neglected neighborhood, are so important. I want to thank Rep. John Larson for his leadership on this issue and urge Congress to pass this critical piece of legislation.”
More information on the Promise Zone Job Creation Act can be found here.