The Norwalk Redevelopment Agency helps build the economy in Norwalk’s Urban Core through economic development initiatives, technical assistance, and financial incentives for businesses of all sizes. Our programs are focused not only on attracting new businesses, but also on retaining and expanding existing businesses.
Norwalk’s “Adopt A Spot” program beautifies city streets and promotes local non-profits and businesses. This program is a joint effort of Keep Norwalk Beautiful (led by the Neighborhood Improvement Coordinator) and the City of Norwalk. Organizations participating in the program take responsibility for planting and maintaining a selected traffic island. Learn how to “Adopt A Spot” by reviewing the authorization form.
Design Review helps to ensure that changes to buildings in redevelopment plan or urban renewal areas of Norwalk’s Urban Core align with the design guidelines contained in Council-approved plans. The redevelopment and urban renewal areas of Norwalk are South Norwalk, West Avenue, Reed Putnam, and Wall Street. Businesses looking to construct a new building or renovate an existing building (including signage, lighting, and façade treatment) in these areas should contact the Norwalk Redevelopment Agency regarding Design Review. You can learn more and obtain necessary forms here.
The Norwalk Redevelopment Agency assists eligible businesses and property owners to obtain Enterprise Zone (EZ) benefits for qualified projects. An EZ is a designated geographic area (Census Tracts 441, 444, and 445 in Norwalk) in a Targeted Investment Community that meets specific distress criteria as defined by Connecticut’s Department of Economic and Community Development. Eligibility criteria are established by state statute and generally include manufacturers, warehouse distributors (new construction/expansion only), and certain service-related businesses. Benefits can also be extended to property owners in the EZ who are making investment in their properties. Enterprise Zone Highlights
The Urban Jobs Program provides real and personal property tax abatements for eligible manufacturing projects that are within Norwalk’s municipal boundaries but outside of the Enterprise Zone. The abatement benefits are identical to those provided in the Enterprise Zone, however, they are not available “by right”. The applicant must demonstrate to Connecticut’s Department of Economic and Community Development that the availability of the benefits was an “inducement” for the applicant prior to initiating the project. Urban Jobs Program Highlights
The Wall Street Stabilization Program provides forgivable loans to businesses located in Norwalk’s Wall Street district. The program provides up to one-third of a business’s monthly rent or a maximum of $20,000 per year for up to five years. The maximum total loan amount per business is $100,000 and the maximum loan term is five years. Upon business stabilization, the loan is forgiven by 20% each year that the business remains in operation. Click here for the program’s brochure, guidelines and application.