Town of Fairfield News
8/5/2014 - Residents Invited to Informational Meeting on Loan Program to Elevate Shoreline Homes
First Selectman Tetreau announced today that the Town of Fairfield will host an informational meeting for the public on Thursday, August 21, 2014 at 7 pm at the Fairfield Museum and History Center, 370 Beach Road, concerning the State’s new Shore Up CT loan program.
Shore Up CT is funded through the Connecticut Department of Housing and provides low interest financing for property owners in coastal municipalities located in Flood Zones VE and AE, as defined by Federal Emergency Management Agency (FEMA) and the National Flood Insurance Program (NFIP), to finance or refinance property elevations.
This state program is administered by the Housing Development Fund (HDF) which is a non-profit Community Development Financial Institution located in Stamford. Representatives from HDF will be present to provide information about the program’s goals and clarify project requirements and guidelines as well as answer questions from the public. Shore Up CT is one of the first programs of its kind in the country to provide state-revolving loan funds to assist in the ongoing Irene and Sandy recovery process and prepare the Connecticut coast’s built environment for future storms.
First Selectman Tetreau said, “In an effort to keep our beach area residents informed on programs that could help them be proactive in alleviating or preventing damage from potential future storms, I encourage our beach area residents to join me at this important meeting to learn more about the State’s low-interest loan program”
Homeowners who wish to find out more information about Shore Up CT can visit www.shoreupct.org. Applications for this program can be submitted at any time with no current deadline for submittal.
First Selectman Tetreau wishes to remind residents that the Fairfield Storm Sandy Relief Fund is still accepting applications for assistance from those with unmet needs. To obtain an application, residents can contact Brenda Lobdell at email@example.com or 292-5588, ext. 234.