NECCOG reports incoming bond commitments and funding boost for Crumbling Foundations program
NECCOG reported anticipated new $100 million bond commitments and removal of CGSIC's sunset date, with an anticipated $35 million expected next summer and for three additional years; staff said the program is fully operational and ahead of schedule.
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During the Director’s Report on June 25, 2021, John Filchak told members that the statewide Crumbling Foundations program is expected to receive new bond commitments totaling $100 million and that removal of the Connecticut Granite State Insurance Commission (CGSIC) sunset date will bring a renewed funding stream. The minutes state an anticipated $35 million will arrive next summer and recur for three further years.
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