The Capital Region Development Authority (CRDA), previously known as the Capital City Economic Development Authority (CCEDA), is a
quasi-public state agency in
Connecticut
Connecticut ( ) is a U.S. state, state in the New England region of the Northeastern United States. It borders Rhode Island to the east, Massachusetts to the north, New York (state), New York to the west, and Long Island Sound to the south. ...
, responsible for promoting residential and economic development in and around the downtown district of the capital city of
Hartford
Hartford is the List of capitals in the United States, capital city of the U.S. state of Connecticut. The city, located in Hartford County, Connecticut, Hartford County, had a population of 121,054 as of the 2020 United States census, 2020 ce ...
. The agency in its current form was organized by CT Public Act 12–147 in 2012, and consists of a 14-member board of governors supported by a professional staff. The CRDA owns and operates the
Connecticut Convention Center, and manages the
PeoplesBank Arena under a lease with the City of Hartford, and various other facilities. It provides financing and logistical support for residential and commercial development within the city, in particular adaptive reuse of existing buildings.
References
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Quasi-public agencies in Connecticut