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Former Head on Enfield Community Development Corporation Charged with Stealing Government Funds

John H. Durham, United States Attorney for the District of Connecticut, Patricia M. Ferrick, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, and Enfield Police Chief Carl Sferrazza today announced that DARRIN LAMORE, 47, of Enfield, has been charged by a federal criminal complaint with stealing government funds from the Enfield Community Development Corporation

Connecticut Builder Elected Second Vice Chairman of NAHB

Greg Ugalde, a Connecticut-based builder and developer with more than 25 years of experience in the home building industry, was elected as the 2017 second vice chairman of the National Association of Home Builders (NAHB) during the association’s International Builders’ Show in Orlando, Fla

Notice of Funding Availability – State-Sponsored Housing Portfolio Recapitalization

This Notice of Funding Availability (NOFA) is directed to owners of properties in the State-Sponsored Housing Portfolio seeking funding from the Department of Housing and/or the Connecticut Housing Finance Authority

Blumenthal, Murphy, Bipartisan Colleagues Call for Buy America Provision in Water Infrastructure Packag

U.S. Senators Richard Blumenthal (D-Conn.), and Chris Murphy (D-Conn.), led by U.S. Sens. Sherrod Brown (D-OH) and Rob Portman (R-OH), joined the fight to restore a ‘Buy America’ provision in the Water Resources Development (WRDA) Act that would require the use of American-made iron and steel products in infrastructure projects. The Buy America rule already passed in the Senate version of the bill with broad bipartisan support, but it has been pulled from the compromise package reached between leaders in the Senate and U.S. House of Representatives.

Connecticut Home Sales Drop in July

Connecticut REALTORS® reports that single-family residential home sales in Connecticut decreased 8.2 percent comparing July 2016 to July 2015. The median sales price of $265,000 reflects a 2.9 percent decrease from this period last year. Median indicates that half the homes sold for more and half for less. Total units of homes sold were 3,611 in July 2016 and 3,933 in July 2015.

Strong first-time homebuyer demand drives $185 million CHFA bond sale

The Connecticut Housing Finance Authority (CHFA) plans to offer $185 million in bonds in August due to increasing demand from qualified homebuyers. On August 3, 2016, $145 Million in Fixed Rate Bonds will be sold, and $40 Million in Variable Rate Bonds are scheduled for sale on August 24. Proceeds from the sale will be used to finance about 750 single-family mortgages and refund prior bonds to take advantage of the low interest rate environment.

Connecticut Statewide Home Sales Rise Significantly in March

Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 15.1 percent comparing March 2016 to March 2015. The median sales price of $230,000 reflects no change from the same time period last year. Median indicates that half the homes sold for more and half for less. Total units of homes sold were 2,360 in March 2016 and 2,051 in March 2015

Gov. Malloy Signs Order Strengthening State Building Code to Limit Storm Damage as a...

Governor Dannel P. Malloy today announced that - with Connecticut facing more frequent and severe weather events as a result of global warming - he is directing state agencies to develop new building code standards that will better protect residential and commercial structures from damage caused by flooding and high winds.

Home Sales Rise in January

Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 19.2 percent comparing January 2016 to January 2015. The median sales price of $232,000 represents a less than one percent decrease from $234,000 in that same time period. Median indicates that half the homes sold for more and half for less. Total units of homes sold were 1,977 in January 2016 and 1,659 in January 2015.

Capital Funding – Notice of Funding Availability – State-Sponsored Housing Portfolio

The Department of Housing (DOH) and the Connecticut Housing Finance Authority (CHFA) are pleased to announce the State-Sponsored Housing Portfolio (SSHP) Notice of Funding Availability (NOFA)

Single Family Home Sales Rise in October

Connecticut REALTORS® reports that single-family residential home sales in Connecticut increased 5.7 percent comparing October 2015 to October 2014. The median sales price of $239,900 represents a less than 1% decrease from $242,000 in that same time period

CHFA plans to sell $60.3 million in tax exempt bonds to finance affordable multifamily...

The Connecticut Housing Finance Authority (CHFA) plans to offer up to $60.3 million in Tax Exempt Bonds to finance six affordable multifamily rental developments: Billings Forge in Hartford, Charles Street Apartments in Meriden, Frost Homestead in Waterbury, Laurelwood Apartments in Bridgeport, Old Talcott Mill in Vernon, and Trinity Park in Stamford, totaling 488 units

Gov. Malloy announces $18 million to revitalize and expand affordable housing opportunities

Governor Dannel P. Malloy and Department of Housing (DOH) Commissioner Evonne M. Klein today announced that the State of Connecticut is awarding $17,960,000 in loans and grants to help fund ten affordable housing developments in the State Sponsored Housing Portfolio.

CHFA issues RFP for Bond Underwriters

The Authority is requesting Proposals (the “RFP”) from qualified municipal housing bond underwriters, investment bankers or institutions (the “Firms”) to serve as senior manager(s), co-manager(s) and/or selling group member(s) in connection with the issuance or placement of various series of single family and multifamily bonds, debt, certificate or instrument, purchase and sale of securities including but not limited to, mortgage-backed securities for the benefit of its mission.

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MURPHY CRITICIZES CONTINUED NEGLIGENCE AND ABUSE AT HOMES FOR DEVELOPMENTALLY DISABLED;...

Following continued alarming reports of negligence and abuse at homes for developmentally disabled residents, U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Health, Education, Labor, and Pensions Committee, committed to introduce legislation to address this issue. The second investigation released today by the Office of the Inspector General (OIG) of the Department of Health and Human Services outlined issues in Massachusetts similar to those found in the OIG investigation into Connecticut, which was released on May 24, 2016

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Former Head on Enfield Community Development Corporation Charged with Stealing Government...

John H. Durham, United States Attorney for the District of Connecticut, Patricia M. Ferrick, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, and Enfield Police Chief Carl Sferrazza today announced that DARRIN LAMORE, 47, of Enfield, has been charged by a federal criminal complaint with stealing government funds from the Enfield Community Development Corporation