Financial & Development Support Services
To better ensure that the City is fairly compensated for land when selling it to private developers, the Agency can support analysis and data to inform the land development process. Assessing the potential impacts of development can help inform policy to derive the maximum public good from private investment.
Economic Analysis
Financial Modeling
Financial modeling of prospective real estate development options can help to understand the tax revenue and spatial implications of different development options to ensure optimal performance of development projects.
Economic Impact Assessments
Economic Impact Assessments look at a variety of factors including tax revenue, infrastructure maintenance costs, and property values to help inform decisions about development projects.
GIS Analysis / Data Warehouse
Geographic Information System (GIS) Analysis can help locate infrastructure projects and development opportunities by layering transportation, land use, topographic and other data.
Development Incentives
Façade Improvement Program
Help fund façade improvement projects on commercial, institutional, and residential buildings located in the City of Norwalk and listed or eligible for listing as a local, state, or national historic resource.
Norwalk Center Main Street Program
Work with the City to help provide small business support for property owners by offering matching grants for façade improvements that meet basic design and quality criteria.
Opportunity Zones
Introduce investors to Norwalk’s Opportunity Zones, designated geography where investors can defer taxes on any prior capital gains invested in a Qualified Opportunity Fund.
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