DAILY NEWS CLIP: June 27, 2025

New Haven pilot seeks to test CT baby bonds program — and close the racial wealth gap


CT Mirror – Thursday, June 26, 2025
By P.R. Lockhart

In 2023, Connecticut became a national leader when it launched its “baby bonds” program, an experiment that seeks to help vulnerable communities and close the state’s racial wealth gap.

Two years later, advocates in New Haven hope to take another nation-leading step in the state’s effort to create wealth in marginalized communities, by launching a pilot program that will test what happens when the first baby bond recipients turn 18.

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