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.
Governor Dannel P. Malloy, Lt. Governor Nancy Wyman, Connecticut Department of Housing (DOH) Commissioner Evonne M. Klein, and Connecticut Department of Veterans' Affairs (DVA) Commissioner Sean M. Connolly are applauding an announcement made today by the Obama Administration that the country has seen a nearly 50 percent decline in homelessness among veterans since 2010.
33, of Santa Ana, Calif., was sentenced today by U.S. District Judge Stefan R. Underhill in Bridgeport to 112 months of imprisonment, followed by three years of supervised release, for heading a mortgage loan modification scheme that defrauded more than 1,000 struggling homeowners across the United States
Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that MICHAEL SIWEK, 56, of North Haven, was sentenced today by U.S. District Judge Michael P. Shea in Hartford to 48 months of imprisonment, followed by three years of supervised release, for receiving approximately $1.5 million in bribes while serving as the executive director of the West Haven Housing Authority, and for failing to pay taxes on the illegal income.
MURPHY CRITICIZES CONTINUED NEGLIGENCE AND ABUSE AT HOMES FOR DEVELOPMENTALLY DISABLED; DEMANDS ACCOUNTABILITY &...
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
Connecticut Delegation: UConn, Connecticut Manufacturers Part of Winning Bid for $70 Million Federal Energy...
As members of the Smart Manufacturing Leadership Coalition Support, the United Technologies Research Center (UTRC), the University of Connecticut (UConn), and the Connecticut Center...
Governor Dannel P. Malloy today announced that Connecticut is receiving a federal grant of nearly $400,000 that will support 43 new HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers, which combines rental assistance from the U.S. Department of Housing and Urban Development and case management services from the U.S. Department of Veterans Affairs to support veterans who are at risk of homelessness.
Murphy Helped Craft Bill In Committee, Secured Funding For Connecticut Priorities; Bill Includes An Additional $249 Million To Improve Rail Safety And Reliability & $135 Million To Help Low-Income Families Remove Lead From Their Homes
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
MURPHY SECURES COMMITMENT TO IMPROVE AFFORDABLE HOUSING CONDITIONS FOLLOWING “DECREPIT CONDITIONS” AT CHURCH STREET...
U.S. Senator Chris Murphy (D-Conn.) today announced committee passage of a key provision in the FY 2017 Transportation, Housing, and Urban Development (HUD), and Related Agencies Appropriations bill that will improve living conditions for residents at HUD-assisted housing units. After learning that HUD did not adequately assess hazards like asbestos and mold at Church Street South in New Haven, Murphy fought to ensure that the bill will significantly strengthen inspection and oversight at properties owned, insured, or subsidized by HUD, and that those properties are decent, safe, and in good repair
Courtney Votes For Major Infrastructure Investment For The Connecticut Air National Guard And Against...
Congressman Joe Courtney (CT-02) released the following statement after passage of the House Armed Services Committee Readiness Subcommittee mark of the 2017 National Defense Authorization Act today
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.
Connecticut Housing Finance Authority (CHFA) Executive Director Karl Kilduff and CHFA Board Chairwoman and Department of Housing (DOH) Commissioner Evonne M. Klein, announced that CHFA’s Board of Directors has approved $7.1 million in Federal 9% Low Income Housing Tax Credits (LIHTCs) to six proposed affordable multifamily housing developments. These developments will result in 320 affordable rental units and 65 market rate units. The $7.1 million in LIHTCs are expected to generate more than $70 million private equity for the developments. The development of these properties is projected to generate 527 jobs and $175,680 million in economic activity.
Congressman Joe Courtney (CT-2), Ranking Member of the House Seapower and Projection Forces Subcommittee, released this statement following the Navy’s announcement of its Submarine Unified Build Strategy, or SUBS
MURPHY INTRODUCES CLEAN UP ACT TO ENCOURAGE REDEVELOPMENT OF CONNECTICUT’S OLD FACTORIES & INDUSTRIAL...
While touring a number of Connecticut’s priority brownfields sites with local elected officials and Department of Economic and Community Development (DECD) Deputy Commissioner Tim Sullivan, U.S. Senator Chris Murphy (D-Conn.) announced today the introduction of his new bill – the Creating Livable Environments and New Usable Property (CLEAN UP) Act – to incentivize the cleanup and redevelopment of contaminated industrial sites across Connecticut and the United States. Murphy’s CLEAN UP Act will pair two tax incentives to spur investment in the cleanup of brownfields sites and ultimately help cities and towns increase tax revenues, expand economic development, and protect the environment.