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| Welcome to HADC Online! One of the primary goals of the Hartford Area Development Corporation (HADC) is to encourage the expansion of existing industry and commerce within the City of Hartford and to attract additional industrial, commercial and residential development. To these ends, the Hartford Area Development Corporation offers a range of support services and assistance programs, including financing and funding alternatives, to accommodate the needs of growth-oriented businesses and industries.
HADC markets the 540 acre Dodge Industrial Park for the
City of Hartford. It helps companies with financial assistance and owns and operates in
the 44,000 square-foot
Hartford Innovation Center, a business incubator. It has a revolving loan fund. Up to
$75,000 can be borrowed to buy land, construct buildings or purchase capital equipment. HADC's Land Acquisition Financing Program helps companies purchase land in HADC industrial
parks on an interest-free basis. The HADC also arranges access to City and County
Revolving Loan Funds (Block grants), State economic development funding, conventional
local financing and community sponsored Industrial Revenue Bonds. |
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