Saud Anwar

Senator Anwar Pushes for, Lauds Release of Bonding for Crumbling Foundations

HARTFORD, CT – Today, State Senator Saud Anwar (D-South Windsor) applauded Governor Lamont for fully bonding important funding allocated for repairing homes with crumbling foundations. The release ensures continued work on affected homes will not experience an extended delay.

On Monday, the Connecticut Foundation Solutions Indemnity Company, Inc., which oversees the distribution of state funds to help homeowners with crumbling foundations, ceased authorizing new construction work. It did so because $20 million in bonding, which was initially allocated on April 4, has not yet been released to the Department of Housing, it said.

Upon discovering the issue, Sen. Anwar contacted the governor’s office, the Department of Housing, and CFSIC to find a solution. The governor’s office then confirmed that the funds will be released to the CFSIC quickly, allowing it to continue authorization of work without significant delays.

“I applaud Governor Lamont office for working quickly to rectify this issue,” Sen. Anwar said. “Crumbling foundations are a disaster for so many across Connecticut, one that has a significant financial impact, and any delays in getting those homeowners the support we have pledged to them is something we must address. The governor’s office, the Department of Housing and CFSIC do so much to support those in our community who struggle with these problems, and I am happy to see them move forward with the urgency this issue requires.”