The Season of Giving…
Contributions to CFSIC by individuals and corporate entities are tax-deductible.
One way to help make certain that victims are not re-victimized is to cut a check made payable to “CFSIC.” That check is fully tax-deductible to the extent permitted by law.
A check for $25 means that $23.75 gets used to contribute to a crumbling foundation replacement.
Checks made out to “CFSIC” can be mailed to:
Connecticut Foundation Solutions Indemnity Company, Inc.
237 Hillside Road
Ashford, CT 06278
We do not permit individual contributions to be made to CFSIC for the specific use of a specific claimant. All funds received will go into the general fund for all claimants.
Thus far, CFSIC has received $9,000 from the CT Association of Realtors, which CFSIC used to create the Home Inspector Certification Program.
Thus far, CFSIC has received a total of $0 from anyone else. For those who truly believe in grass roots efforts…the time to help is now.
Michael Maglaras & Company has pledged a corporate contribution of $1,000 to jumpstart this effort.
Announcing Resumption of Application Activity on January 13
CFSIC will begin taking applications again on January 13, 2020.
We want to be very clear about what this means.
Until the June 30, 2022 sunset date gets moved out, we cannot open our doors for new application activity leading to putting more claimants in line for Participation Agreements. We can’t do that because all of the revenue we expect to get between now and 6/30/22 is spoken for.
Instead, we are going to open our doors to take applications to simply register new claimants into our system. This will enable us to learn more about which towns are experiencing the crumbling foundations crisis, and, of course, get people in line for eventual remediation, based on eventual severity coding.
A more detailed posting will be made next week providing more information, including a Q&A that should answer the many questions we know claimants will have about this development.
Meanwhile…nothing has changed on this website as of today, and nothing will change until January 13.
Where We Are
We remain in suspension for the taking of new applications until January 13.
CFSIC’s Superintendent continues to countersign Participation Agreements at a rate of three per week in order to ration existing cash through the fiscal year ending June 30, 2022.
As of last Friday, 80 families are back in their homes.
Good News for Condos
The Superintendent will be approving, before Christmas, more than $750,000 of payments in support of condos.
The CHFA Credit Enhancements Program
You should go here to learn more about the CHFA credit enhancements program as it is now constituted. Please note that it currently does not apply to condominiums. CFSIC did not create and is not administering the loan program, and the ESIS claim team cannot advise you in any way about the terms and conditions of any aspect of the program. The link noted in this section will take you to an outline of the program, as well as to a section marked “Frequently Asked Questions.” We also recommend contacting the Homeowner Advocate using the contact information on the Department of Housing website for more assistance.
CFSIC’s Annual Report
CFSIC’s 2019 Audited Financial
If you have any questions about the operation of the program, ESIS is your best source of information on your claim, and their phone number and email are shown below.
As you work through the information and application process (understanding that we are in suspension for the taking of new applications), here’s how you can get help:
– Call ESIS (the claim adjuster) at: 844-763-1207
– Email ESIS at: firstname.lastname@example.org
– Email CFSIC at: email@example.com