SUMMER 2020
ADDRESSING THECRUMBLINGFOUNDATIONS CRISIS
Congressman Courtney hascontinued working to ensure easternConnecticut gets the support it needsto address the crumbling foundationscrisis by:
LOWERING THE COSTOF HIGHER ED
Many people and families in easternConnecticut are working to pay offstudent loans. CongressmanCourtney is working to support them.
• Securing clarification from theIRS that
financial assistance paidto eastern CT homeownersthrough CFSIC will not betreated as taxable income
— amajor update, and just in time fortax filing season.• Working to include
threebipartisan crumbling foundationsprovisions in the MovingForward Act
that would expandaccess to federal funding to helphomeowners address pyrrhotitedamage; extend the “casualtyloss” tax deduction for concreterepairs; and authorize funding tohelp schools with crumblingfoundations, such as Birch Grovein Tolland.• Securing $3 million in federal funds, plus $1.5million last year, for
research to develop newsolutions for repairing homes impacted bypyrrhotite.
• This summer, Courtney introduced a bill thatwould let Americans
refinance their legacystudent loans down to the current low rate of2.7%
. Today, Americans can refinance theirdebt on mortgages and car and motorcycleloans — this bill would give Americans withstudent loans the same opportunity.