E-mail not displaying correctly? View it in your browser.
News from State Senator Tim Larson
     

November 22, 2016

Capitol address
Legislative Office Building
Room 3600
Hartford, CT 06106-1591

E-mail me here

On the Web
www.SenatorLarson.cga.ct.gov

Phone
Capitol: 860-240-0511
   
Follow me...
RSS icon   Facebook   flickr icon   YouTube icon


New Proposal to Aid Residents with Crumbling Concrete

concrete
I recently joined my colleague Senator Cathy Osten to announce our plan to help an untold number of Connecticut homeowners struggling to replace faulty home foundations containing the mineral pyrrhotite that has caused them to begin cracking and crumbling.

I have been working closely with Senator Osten, affected homeowners, Department of Consumer Protection Commissioner Jonathan Harris, Attorney General George Jepsen, Congressman Joe Courtney and Lt. Governor Nancy Wyman to find a solution to the financial concerns of affected homeowners and to identify the true number of homes affected.

I have proposed that Connecticut allow towns where homes are affected to adopt by local ordinance a loan program and raise municipal bonds--like they already do to fund local road repairs and other capital improvement projects--to provide funds to eligible homeowners to assist with the replacement of their severely damaged foundations.

VIDEO: Crumbling foundations
People, including me, are tired of endless meetings about this issue when what homeowners really want and need is a solution. We believe this is a much bigger problem across eastern Connecticut than it appears to be on paper because only a small number of property owners have come forward, and that is largely because there hasn't been a solution proposed that would actually help them recover from this financial devastation.

I believe towns should authorize municipal bonds to create a pool of funding which affected homeowners would be able to access through an application process to fix or replace their faulty foundations.

Senator Osten and I are still working with Commissioner Harris and the lieutenant governor, as well as with banks, insurance companies, the attorney general's office and others, to fine-tune the details--but I believe this is a real and viable solution that will have a tremendous impact on local homeowners that does not put the financial well-being of towns in serious jeopardy.

We believe that the best way to move forward is to let local towns determine how they want to participate in the program--by bonding low-interest loans or direct grants to residents.

We also believe that a strict application process would need to be in place in order to ensure that the money being distributed to property owners is not misappropriated for issues unrelated to crumbling foundations.
 

 
 

You're receiving this newsletter because you either opted in via e-mail or on my website, or you've been in touch with me or my office regarding an issue or issues of importance to you.

My mailing address is:
Senator Tim Larson, Legislative Office Building, Room 3600, Hartford, Connecticut 06106
Capitol telephone: 860-240-0511

Copyright (C) 2016 Connecticut Senate Democrats. All rights reserved.