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August 6, 2010 - Median year-to-date sales prices of Connecticut’s single family homes are up 3.61% in June compared to 2009, while sales rose 32.28% due to the demand created by the first-time homebuyer tax credit and low mortgage rates, the Warren Group has reported. Year-to-date single family home sales prices rose in four counties... Read more. .............................. |
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August 5, 2010 -- A number of towns are moving ahead in creating Incentive Housing Zones under Connecticut's Housing Program for Economic Growth (known as the "HOMEConnecticut Program"). In addition to the six towns that have submitted Incentive Housing Zone plans to OPM for approval, another six are preparing zones and additional 37 towns are in various stages of the planning process. Nearly 30 other towsn have expressed interest in participating in this innovative program. Click here to see a list and a map of the towns that are participating or have expressed interest in participating in the HOMEConnecticut program. .............................. |
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July 6, 2010 - May data from the Warren Group shows that home sales jumped by nearly 40% in May of 2010 when compared to May 2009, but median sales prices for remained nearly the same at $240,000. For the year-to-date, sales increased by 33% when compared to last year, with the May year-to-date median sales price up 4.8% to $239,000.
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June 28, 2010 – The federal government announced last week that $175 million in funding is now available for local and regional planning efforts. To address local planning efforts, HUD will make $40 million in funds available through its Community Challenge Planning Grant Program and an additional $35 million will be available through DOT’s Tiger II Planning Grant Program. Click here for NOFA. In addition, HUD also announced that $100 million in funding will be available to support regional planning efforts through its Sustainable Community Regional Planning Grant Program. NOFA available here. .............................. |
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June 21, 2010 - Median sales prices and the volume of home sales in Connecticut continued to rise throughout much of the state, according to the Warren Group's April data. Year-to-date median sales price rose for the state to $236,000, a 6% increase from April of last year. Year-to-date median sales prices rose in most counties, with Middlesex, Tolland and Windham posting declines. .............................. |
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May 24, 2010 - Click here to see a map showing the towns participating in the HOMEConnecticut program. .............................. |
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HOMEConnecticut is a statewide campaign aimed at increasing
the stock of affordable housing in Connecticut.
The HOMEConnecticut Steering Committee
Chair:
William Cibes
Chancellor Emeritus,
Connecticut State University
Vice Chairs:
John Rathgeber
Connecticut Business and Industry Association
Andrea Pereira
Local Initiatives Support Corporation
Luis Caban
Southside Institutions Neighborhood Alliance
Includes over 40 leaders in business, banking, academia,
land use, government, law,
philanthropy, real estate,
advocacy, and housing
development.
Staffed by the
Diane Randall
David Fink
Shelby Mertes
Christina Rubenstein
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Mike Hanley
Senior Consultant |
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