Great news for first-time homeowners! An additional $20 million has been added to the Connecticut Housing Finance Authority's (CHFA) Time To Own Program that offers down payment assistance to low and moderate-income homebuyers in Connecticut.
The House of Representatives delivered a state budget that includes the largest income tax cut in the state’s history and significant increases in funding for local schools, also known as Education Cost Sharing (ECS) funds.
We are delivering on key legislative priorities this session by addressing specific concerns affecting our Intellectually, Developmentally Disabled (IDD) population, which has been lacking adequate funding and services for far too long.
Good news for Connecticut's growing economy! Connecticut just received an upgraded credit rating from the Kroll Bond Rating Agency, which means that our General Obligation bond credit rating was upgraded from AA (stable) to AA+ (stable), just one step below the highest credit rating possible!
Eversource and United Illuminating (UI), Connecticut's two electric distribution companies (EDCs), have filed new and lower standard service rates for residential customers from July 1 through December 31 with the Connecticut Public Utilities Regulatory Authority (PURA), and the average bills are expected to decrease significantly from current levels.
Connecticut voters asked the legislature for more voting options through a constitutional amendment on early voting that they overwhelmingly approved, and we are answering the call.
We are more than halfway through the regular session, and this is the time of year when legislative activity picks up in the Connecticut General Assembly. After weeks of holding public hearings, the Finance, Revenue, and Bonding Committee and Appropriations Committee approved their budget proposals (Appropriations handles the spending side and Finance handles the revenue side).