crumbling foundations

There is a big development for homeowners who got state help to fix their crumbling basements. Congressman Joe Courtney has received guidance from the Internal Revenue Service (IRS) that financial help homeowners received from the state to help replace their basements will not be taxable income. The exception:  if a homeowner claimed a property casualty loss for the basement...

The deadline to apply for help if you have a crumbling basement in the first half of 2020 has been extended, thanks to an error. A miscalculation by the program helping people in Connecticut with crumbling concrete basements means it has moved the deadline to apply for help until June 30. The Connecticut Foundation Solutions Indemnity Company, or CFSIC, had…

More than 1,700 homeowners with crumbling concrete basements have now requested assistance from a state program giving out grants to help repair them. The Connecticut Foundation Solutions Indemnity Company, or CFSIC, says towns with the most applicants include Vernon with more than 300, followed by Tolland, and Manchester. More than a half dozen towns have 100 or more people saying…

Filling out and paying your taxes is tough enough.  Imagine if you’re dealing with a crumbling basement and have to sort out what that means for your tax situation. Congressman Joe Courtney and an IRS representative will host a webinar on the subject Monday, February 10, 2020 at 2 p.m.  It is open to the public.  In addition to discussing…

A newly released report estimated Massachusetts has as many as 2,000 homes with crumbling concrete, and it could cost $350 million to fix them. A special commission was formed in Massachusetts a few years after the discovery of the crumbling concrete problem in our state, a story broken by NBC Connecticut Investigates in 2015. The report said the defective concrete…

One hundred homes with crumbling concrete have had their foundations replaced with help from the state insurance company created in response to the crisis. Connecticut Foundation Solutions Indemnity Company, Inc. (CFSIC), the state insurance company providing money to homeowners announced that milestone Wednesday, nearly a year after it launched. The insurer said it hopes to have an additional 150 families…

Connecticut’s congressional delegation said federal funding they fought for to pay for research on crumbling concrete has been included in a major spending bill. The text for the compromise version of the bill, includes $1.5 million sought by the delegation for the National Institute of Standards and Technology (NIST) to research the effects of an iron sulfide called pyrrhotite on…

Some relief has arrived for Connecticut homeowners with crumbling foundations.

The entity overseeing distribution of state funds to help Connecticut homeowners with crumbling foundations has ceased authorizing new foundation construction work until it receives a payment from the state Department of Housing.

Multiple towns have been awarded a grant by the Connecticut Department of Housing to help homeowners with crumbling foundations test them for pyrrhotite.

The man overseeing the distribution of millions of dollars to Connecticut homeowners with crumbling foundations says he doesn’t have enough money to meet the need.

People who have a home in danger of collapsing because of a crumbling foundation are getting close to some financial relief.

Homeowners with crumbling foundations are one step closer to getting state aid.

Fresh off the defeat of a legislative bill that would have helped people with crumbling foundations, a new plan has emerged.