Latest News…October 14, 2019

Participation Agreement Update

As of Friday, we have provided 61 completed Participation Agreements to homeowners who have been waiting in line since June 19. As homeowners sign these agreements, and the Superintendent countersigns them, these foundation projects have moved quickly into the scheduling phase of construction.

In addition, the Superintendent’s office has provided emails to 53 additional claimants, indicating, beginning the week of October 21, when those claimants can expect to receive their Participation Agreements… a process that will involve the rationing of no more than three projects per week through the month of February.

Of the $20M in allotment received in September from the CT Bond Commission, CFSIC will commit more than $15M in committed remediation and reimbursement assistance between now and April 1. CFSIC will most probably go into suspension again at some point in May, until its share of the Healthy Homes surcharge is received at some point in June.

We expect to have as many as 90 families back in their homes before Christmas.

CFSIC is still in suspension for the taking of new applications, and will be until the current value of held claim reserves is reduced by a minimum of $4 million, which we think will take upwards of four to five months to achieve.

1099 Issue

We have heard, through a reliable source, that the Internal Revenue Service may provide a Private Letter Ruling on this issue shortly.

Where We Are

As of last Friday, CFSIC has committed almost $40 million in foundation remediation and reimbursement. To date, CFSIC has paid $17.1 million in claims. On a cash basis, CFSIC’s operating expenses since inception have been 2.9% of revenues; on an accrual basis, 3.0%.

Reimbursement for Visual Examinations

We have received a definitive ruling from the CT Department of Housing stating that it will not permit the reimbursement of a foundation’s visual examination report conducted by a CFSIC-certified home inspector. CFSIC’s board regrets this ruling. Claimants have access to 47 CFSIC-certified, privately employed home inspectors, who are now actively engaged in helping claimants assess their foundations through detailed visual examination reports. Even though the Department of Housing will not permit CRCOG to reimburse the cost of foundations evaluated by CFSIC-certified home inspectors, we still encourage claimants to use CFSIC-certified home inspectors (as well as licensed engineers), who are independent practitioners trained in the evaluation process. These home inspectors are available to provide this needed service at reasonable cost…a cost that, unfortunately, must continue to be assumed in its entirety by claimant homeowners.

Credit Enhancements Program Update

Although we understand that some progress has been made by the Connecticut Housing Finance Authority (CHFA), we are not yet aware of all the details of the credit enhancements program. We are also not aware of when the credit enhancements program will be launched and how loan assistance will be accessed, inclusive of assistance to condo owners. We await word from the Connecticut Bankers Association and from CHFA on these points.

CFSIC will have no involvement in this program, except by way of providing a link on this site enabling claimants to obtain more information.

CFSIC’s Annual Report

CFSIC’s Annual Report can be viewed here. 

CFSIC’s 2019 Audited Financial

View CFSIC’s audited financial report for the period ended June 30, 2019.


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.

Phone: 844-763-1207


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:

– Email CFSIC at:

To view a video of how to complete an electronic application, go here.

To apply for a Type 1 claim, go here.

To apply for a Type 2 claim, go here.

To learn more about the program, if you are a homeowner, including application help (once we are out of suspension for the taking of new applications), go here.

To learn more about the program, if you are a contractor, go here.