CT Bond Commission To Consider Millions For Crumbling Foundations

MANCHESTER, CT — A total of $20 million is expected to be approved for Connecticut's Crumbling Foundations Assistance Fund when the State Bond Commission meets early next month, a legislator said.

State Rep. Geoff Luxenberg (D-Manchester) said this week the state’s captive insurance company will oversee the funds.

Thousands of homeowners in north central and parts of eastern Connecticut have been saddled with bills that can reach into six-figures because their home foundations were built with a bad batch of concrete from an area quarry. The concrete contained the mineral pyrrhotite, which breaks down over time.

For the first time during the Gov. Ned Lamont administration, the State Bond Commission is scheduled to meet — on Tuesday, April 2, at 10:30 a.m. in the Legislative Office Building. The commission is chaired by the governor.

On the federal level, U.S. Reps. Joe Courtney (CT-02) and John Larson (CT-01) have been touting two provisions to "help address" Connecticut's crumbling foundation crisis in the final version of the Consolidated Appropriations Act (H.J. Res. 31), a bill to fund the federal government for the remainder of the fiscal year ending September 30, 2019.

See more on the federal options here.