Trinity College’s strategy for developing its community is to offer employees and residents housing and mortgage assistance if they live in the surrounding community and to offer family and job-training service to local residents. It also creates retail establishments to serve the university and surrounding community.
Trinity funds these activities through $10 million in seed money from local partners such as Hartford hospital, Connecticut Public Television, and Hartford-based companies. It also has received $1.6 million in ISTEA and HUD monies and a $75 million pledge from the Fannie Mae Foundation for low-rate mortgage financing.
Excerpted from the Brookings Institute Center on Urban and Metropolitan Policy’s “”Urban Universities and their Role in Central City Economies”", December 1997

