Laws & Taxes

Connecticut Mayors Gather to Praise State Budget Aid
Eleven mayors from Connecticut cities and towns representing nearly one million state residents gathered in Hartford today to praise the state budget passed last week by Democrats in the General Assembly, saying it provides essential public school aid while increasing PILOT payments and cutting one of the most burdensome taxes in the state: the local property tax
Public Hearing for Low-Income Housing Tax Credit Qualified Allocation Plan
The public is hereby notified that public comments will be accepted concerning proposed amendments to the Low-Income Housing Tax Credit Qualified Action Plan of the Connecticut Housing Finance Authority (CHFA).
New federal data shows low-income, minority students shortchanged for education spending
The Connecticut Conference of Municipalities (CCM) today (Monday, March 23) said that new data from the federal government which shows that Connecticut short-changes low-income minority students regarding spending for local public education reinforces CCM’s long-standing call for the State to address the $600 million underfunding of the State’s largest grant for local public education – the Education Cost Sharing Grant (ECS)
NOTICE OF FUNDING AVAILABILITY – State of Connecticut Housing Tax Credit Contribution Program
The Connecticut Housing Finance Authority (CHFA) is pleased to announce this Notice of Funding Availability (NOFA) for the State of Connecticut Housing Tax Credit Contribution Program (HTCC).
CHFA Announces Syndicator-Developer Forum – Low-Income Housing Tax Credit Program
Please join the Connecticut Housing Finance Authority for a discussion on the Low-Income Housing Tax Credit Program.
Regulators Approve Connecticut Water Settlement; $10 Million Tax Refund Will Reduce Rates Charged to Customers
WASHINGTON, D.C. - September 4, 2013 - (RealEstateRama) -- Attorney General George Jepsen and Consumer Counsel Elin Swanson Katz said rates charged to Connecticut Water Co. customers will be reduced by an estimated 6.4 percent beginning April 1, 2014, because state regulators have approved a negotiated settlement with the utility.
Williams Works With Governor Malloy to Grant Quarterly Property Taxpayers Grace Period from Interest
BROOKLYN, CT - November 2, 2012 - (RealEstateRama) -- With residents across Connecticut are consumed with recovery efforts as the result of Hurricane Sandy, State Senate President Donald E. Williams Jr., (Brooklyn/Killingly) today asked Governor Malloy to issue an executive order granting taxpayers a 15 day grace period from the accrual of interest on personal property and real property in the 12 Connecticut towns with October installments due November 1st.
CT REIA March 2012 Monthly Meeting: Real Estate Money Making Secrets
West Hartford, CT - March 7, 2012 - (RealEstateRama) -- Come learn the step-by-step, nuts and bolts Money Making Secrets of Finding, Buying, Structuring, Holding, Managing, Financing and Selling Real Estate revealed by a Full Time Professional who has been buying and selling houses since he was a teenager
2012 Housing Tax Credit Contribution (HTCC) Program Overview Session
March 6, 2012 - (RealEstateRama) -- The Connecticut Housing Finance Authority is pleased to announce Application Overview Sessions on the Housing Tax Credit Contribution (HTCC) Program for 2012 on Monday, April 2, 2012 and Tuesday, April 3, 2012 beginning at 9:00 a.m. at the CHFA Offices located at 999 West Street, Rocky Hill, CT 06067 in the Boardroom.
Senate Democrats Take Action to Balance Budget and Hold Property Taxes in Check
July 1 30, 2011 - (RealEstateRama) -- Early Friday morning, on the first day of the new fiscal year, Senate Democratic leaders led passage of a budget bill that ensures Connecticut will have a balanced budget for the next biennium. As a result of the failure of the state employee unions to ratify the $1.6 billion concessions package, the General Assembly worked with the Malloy Administration to craft legislation that closes the budget gap—$700 million in the current fiscal year.
New Law Allows Towns to Waive Interest Owed on Property Taxes by Members of Armed Forces on Active Duty
June 16, 2011 - (RealEstateRama) -- Senate Majority Leader Martin Looney (D-New Haven / Hamden), Senator Carlo Leone (D-Stamford), and Senator Eileen Daily (D-Westbrook) say passage of Senate Bill 377 will give municipalities the option to waive interest owed on property taxes by members of the armed services who are on active duty.
Connecticut Real Estate Investors Assn. (CT REIA) Announces March 2011 Meeting With Tax Reduction Specialist Al Aiello
West Hartford, CT - March 9, 2011 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Al Aiello, is announcing the March 2011 CT REIA monthly meeting for real estate investors. This event will take place on Monday March 21, 2011, from 5:30pm to 9:00pm at the Crowne Plaza Hotel, 100 Berlin Road, Cromwell, CT. This event is free for CT REIA members, and $30 for not-yet-members.
Looney: Towns Should Be Able to Waive Interest Owed On Property Taxes by Members of Armed Forces on Active Duty
February 14, 2011 - (RealEstateRama) -- Senate Majority Leader submits testimony in support of proposal that would give towns discretion; says this is a simple ‘matter of fairness’. Hartford: Senate Majority Leader Martin Looney (D-New Haven / Hamden) submitted testimony this week in support of a bill that would give municipalities the option to waive interest owed on property taxes by members of the armed services who are on active duty
CHFA Announces two (2) 2011 Low-Income Housing Tax Credit (LIHTC) Application Overview Sessions
January 13, 2011 - (RealEstateRama) -- The Connecticut Housing Finance Authority (CHFA) is pleased to announce two (2) Application Overview Sessions for the 2011 Low-Income Housing Tax Credit (LIHTC) Program have been scheduled for:
Maynard Welcomes $500,000 for Veterans Housing in Griswold
GRISWOLD, CT - November 1, 2010 - (RealEstateRama) -- State Sen. Andrew M. Maynard (D-Stonington), who is Senate Chairman of the legislature’s Veteran’s Committee, today welcomed news that Connecticut Light & Power has purchased $500,000 worth of state housing tax credits in order to help create 18 units of affordable housing for veterans on the site of the American Legion Hall in the borough of Jewett City.