State Comptroller Natalie Braswell announced that her office will transfer $3.1 billion into the rainy-day fund. This move triggers a statutory mandate that requires a one-time, special payment of $2.8 billion to be made toward the state’s unfunded pension liabilities.
If you are a first-time homebuyer looking for the perfect house, or if you are already a homeowner but just need some assistance, the Connecticut Housing Finance Authority (CHFA) is offering two programs that may offer the resources and assistance you need.
President Biden announced he will sign an executive order which will forgive up to $10,000 of student loan debt for individuals making less than $125,000 per year (and couples earning less than $250,000). Borrowers who received a Pell Grant may be eligible to receive up to $20,000 in loan forgiveness.