Renewed effort to help CT homeowners with crumbling foundations

Connecticut
crumbling foundation

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.

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