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The Flood of 1955

The Flood of 1955. Downtown’s Image Problem…. Town of Winchester/City of Winsted Litchfield Hills Council of Elected Officials State of CT Dept of Economic & Community Development State Historic Preservation Office. Winchester Façade Improvement Committee (WFIC)

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The Flood of 1955

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  1. The Flood of 1955

  2. Downtown’s Image Problem…

  3. Town of Winchester/City of Winsted Litchfield Hills Council of Elected Officials State of CT Dept of Economic & Community Development State Historic Preservation Office Winchester Façade Improvement Committee (WFIC) Friends of Main Street-Winsted Litchfield Hills Economic Development Partnership Northwest CT Chamber of Commerce Community Economic Development Fund (CEDF) Downtown Property & Business Owners Area banks / lending institutions Local licensed contractors Façade Improvement Program Participants Private Sector Public Sector

  4. Financing Description • DECD Urban Act Program:$1 million, to leverage an equal amount in private resources • Winsted Façade Improvement Program:rebated 50% of cost of approved exterior façade and site improvements for first $30k; 20% rebate for additional expenses up to $100k • Applicants referred to area lenders, though not obligated to fund through bank loan

  5. Results • Over 30 Façade restoration projects were completed from 2003 – 2006. • All together, over $979,000 was allocated for Winsted’s 3-Year Façade Improvement program. • Increase in non-grant funded improvements on Main Street. • Increase in storefront occupancy on Main Street. • Self Image: increase in pedestrian activity and community “buzz” around local property improvements.

  6. Before… …After

  7. Before…

  8. Façade rendering - 2004 Completed Façade - 2005 …After

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