CURRENT NEWS

Time To Own Down Payment Assistance Program

July 12, 2023

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.

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New Laws Effective July 1st

June 29, 2023

A number of new laws, that my colleagues and I worked on during the 2023 legislative session to implement meaningful change in our state, will take effect in Connecticut on July 1.

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New Credit Rating Upgrade

May 24, 2023

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!

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Eversource, UI File Reduced Rates For Electricity With PURA

May 17, 2023

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.

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Breaking Down the Budget Process

April 25, 2023

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).

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