NORWICH, CT – Today, Rep. Joe Courtney, the Capitol Region Council of Governments (CRCOG), the Connecticut Foundations Solutions Indemnity Corporation (CFSIC), and the Northeast Connecticut Council of Governments (NECCOG) highlighted the new Crumbling Foundation Remediation and Restoration program to help low- and moderate-income homeowners access financial assistance to repair damages caused by crumbling foundations.
The financial assistance is made possible by a $2,000,000 Community Project Funding request submitted to Congressman Courtney in 2022 by the Capitol Region Council of Government. Thanks to Courtney’s prioritization of this important project in the FY22 federal budget, the Capitol Region Council of Governments, working closely with CFSIC, will use these funds to help homeowners impacted by pyrrhotite cover costs not covered by CFSIC.
“Since the crumbling foundations crisis showed its face, my office has worked non-stop to find solutions and deliver support for affected communities. Today’s announcement brings welcomed relief to homeowners who face the crippling costs associated with remediating damages caused by pyrrhotite. My office was pleased to select this project as a top funding priority and I am grateful for CRCOG’s commitment to providing another avenue of financial assistance for homeowners across the region,” said Rep. Joe Courtney.
“We’re excited to highlight the Gap Foundation Remediation program today. The Gap program is specifically designed to assist low to moderate income homeowners and their families fund additional costs not covered by the state's captive insurance program through the CT Foundation Solutions Indemnity Company (CFSIC). This program will help make them whole. We would like to thank Congressman Courtney and the other members of the CT delegation, as well as HUD, for making this funding available and establishing the program. We look forward to putting these federal dollars to work to assist our residents,” said Matt Hart, Executive Director of CRCOG.
“This is a very important day. Our ability to assist CFSIC claimants who are having difficulty meeting expenses that CFSIC won’t cover is a milestone in the program. Thanks to Joe Courtney and his great team for making these funds available through HUD. We look forward to collaborating with our friends at CRCOG in making sure that these funds get moved into the foundation claim payment stream as quickly as possible,” Michael Maglaras, Superintendent of CFSIC, added.
This program assists homeowners whose incomes are below $66,150 for a family of one to $94,500 for a family of four. Maximum assistance to homeowners for this funding is $32,000.00 per household. Additional funds may be available for required health, safety, and code compliance items.
To apply or learn more visit, crcog.org/gap-foundation-funding/
For a history of Congressman Courtney’s work on supporting homeowners impacted by pyrrhotite, click here.
Congressman Joe Courtney was elected in 2006 to represent the Second Congressional District of Connecticut in the House of Representatives. He serves as the second highest Democrat on the House Armed Services Committee, and a senior member of the House Education and the Workforce Committee.
