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Urban Universities and their Role in Central City Economics, Trinity College

Trinity College - CT, Connecticut

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

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