HARTFORD, Conn. (WTNH) – There is a renewed effort to help Connecticut homeowners with crumbling foundation damage.
The House and Senate approved $20 million in borrowing last October to start a fund to help potentially thousands of Connecticut homeowners whose homes are in danger of catastrophic damage from defective concrete foundations.
A new proposed funding source would be a fee on new mortgages and renewed insurance policies.
The House Speaker and the House Majority Leader both say the state must move to assist these homeowners.
A replacement foundation can cost in excess of $100,000.