Quasi-Public Insurance Company Rehabilitates More Than 200 Homes In Conn.
The quasi-public insurance company that helps homeowners with crumbling foundations says it has reached a milestone after rehabilitating over 200 homes.
In 2015, the state became concerned with crumbling foundations damaged by pyrrhotite, a mineral mixed in with the concrete.
Over the last 20 months, the company has assessed claims and awarded grants to affected homeowners.
The Connecticut General Assembly will convene this week for a special session to expand a program that allows homeowners who receive grant funding to also apply for supplemental loans. Lawmakers hope that will help assist in the repair or replacement of crumbling foundations.