CFSIC Responds to Rumors: The Sunset Date — Myth vs. Reality
CFSIC addresses questions circulating about the program’s future and timeline. Worth reading for anyone with a pending claim or an affected property in the pipeline.
CFSIC addresses questions circulating about the program’s future and timeline. Worth reading for anyone with a pending claim or an affected property in the pipeline.
Journal Inquirer — CFSIC leadership update and program progress report as repairs continue across the affected region. https://www.journalinquirer.com/connecticut_and_region/concrete-chief-to-stayon/article_a20917de-e399-11e9-9607-f522b2cae62.html
NBC Connecticut — UConn funded to continue work on preventing, detecting, and reducing the impact of defective concrete. Research matters for long-term solutions. https://www.nbcconnecticut.com/investigations/crumbling-foundations/uconn-receivesgrant-to-continue-work-with-crumbling-concrete/2946169
Updated guidance from the Internal Revenue Service (IRS) that extends the period of time that homeowners have to claim crumbling foundation related repairs on their federal taxes. COURTNEY, LARSON, NEAL ANNOUNCE EXTENSION OF FEDERAL TAX RELIEF FOR CRUMBLING FOUNDATION REPAIRS | Congressman Joe Courtney
CT Public Radio: Many will now be able to deduct the cost of repairs from their federal taxes over the next two decades. Tax Relief Extended For Conn. Homeowners With Crumbling Foundations | Connecticut Public
Journal Inquirer — legislative effort to protect homeowners from deficiency judgments when selling or foreclosing on a pyrrhotite-affected property. https://www.journalinquirer.com/newsletters/bills-would-prevent-deficiency-judgmentson-crumbling-concrete-homes/article_b7a08704-2bba-11e9-81d9-4b74d1ece0e7.html
CFSIC updates program guidelines — homeowners following the application process should review current rules as the fund refines its procedures. Journal Inquirer — municipal fiscal impact of defective concrete on property tax base. Affected towns are watching their grand lists shrink as assessed values fall. https://www.journalinquirer.com/connecticut_and_region/concrete-hurts-grandlists/article_d86c6f0c-231d-11e9-a8a5-771dc8f0caca.html