Record housing permits, and influx of new residents show Lamont’s policies attracting people to the state
FOR IMMEDIATE RELEASE
September 27, 2022
Hartford, CT – On the debate stage, Gov. Lamont touted the policies and programs taking Connecticut from “fiscal crisis” to “fiscal turnaround.” A growing economy and a balanced budget allowed Gov. Lamont to make historic investments in our kids, consistently create jobs, and deliver relief when people need it. His responsible leadership has kickstarted the Connecticut renaissance, and people are flocking to put down roots in our corner of New England.
Connecticut is seeing more people moving to the state and a booming real estate market….
- Connecticut’s new housing permits hit a 17-year high in July, 2022. [CT Insider, 8/31/22]
- CT Insider: CT saw nation’s 2nd-biggest jump in people moving to the state in 2021, U-Haul study finds. CT Insider, 1/4/22]
- The Connecticut Association of Realtors took a sharp turn away from Stefanowski, who they endorsed in 2018, calling for Governor Ned Lamont and Lieutenant Governor Susan Bysiewicz to serve another term. The Association represents more than 19,000 individual members and 15 local boards and associations across the state. [CT News Junkie, 9/16/22]
- Hartford Courant: Connecticut saw an influx in residents from other states for the first time in over a decade. [Hartford Courant, 1/4/22]
..thanks to the work of Gov. Lamont, the moving trucks have turned around.
- In 2021, Governor Lamont announced that the State Bond Commission had approved $49 million in state funding for affordable housing development in a number of Connecticut communities. Governor Lamont also signed legislation creating the Community Investment Fund 20230, which will provide up to $875 million in grants for affordable housing and capital improvement projects in historically underserved communities. [Gov Lamon Official Press Release, 4/12/21; CT Examiner, 6/9/22]
- To promote housing affordability, Governor Lamont signed legislation requiring municipalities with a population of over 25,000 to create fair rental commissions, which help tenants challenge unfair rental prices. [Ct Legislature, HB 5205; CT Insider, 3/1/2022]
- During the COVID-19 pandemic, Governor Lamont created UniteCT, which disbursed more than $238 million in rental assistance and to help cover utility bills. The program was hailed as a “model of success” by the Biden administration. [CT Mirror, 9/2/21; UniteCT, Accessed 3/25/22]
- Connecticut partnered with Webster Bank to launch $20 million program that “will provide down payment and closing costs assistance to low- and moderate-income first-time homebuyers”. [Ct Mirror, 6/22/22]