Crumbling Basement Assistance Program Releases Data On Millions In State Aid at Work - NBC Connecticut
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Crumbling Basement Assistance Program Releases Data On Millions In State Aid at Work

NBC Connecticut Investigates broke the story about crumbling foundations four years ago.

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    The state program assisting people with defective concrete basements has released new data on its work.

    NBC Connecticut Investigates broke the story about crumbling foundations four years ago.

    The Connecticut Foundation Solution Indemnity Company, or CFSIC, said since it opened for business this year, more than 1,100 claims for assistance have been filed.

    CFSIC’s newly released annual report showed the 10 towns with the highest number of properties affected: Vernon, Tolland, South Windsor, Willington, Manchester, Stafford, Ellington, Coventry, Ashford, and Somers.

    The crumbling basements are impacted by disintegrating concrete containing pyrrhotite, an iron sulfide that has reacted naturally with oxygen and water over the decades. Most homes affected begin showing signs of deterioration between 10 and 20 years after construction.

    CFSIC added its assistance is helping bring dozens of homes back on the tax rolls and has pumped money into the local economy by creating construction jobs.

    The state has agreed to fund CFSIC with $100 million in bonding money, along with other revenue from a $12 surcharge on Connecticut homeowner insurance policies.

    Click here to see the CFSIC annual report.

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