HARTFORD, Conn. (WTNH) – A $2.5 million program in Hartford will help the city’s seniors and employees forgive a portion of their home loans, according to an announcement Wednesday.
“We want to make sure that those who serve our community have the opportunity to live in our community, not only to live in our community, but to find and build the economy in our community,” said Hartford Mayor Luke Bronin.
Funds from the program will come from a combination of the American Rescue Act and state funding.
The program aims to improve home ownership for the elderly and working people in the city. Those who qualify can have $10,000 of their loan forgiven.
“This program will help such young people who want to buy a house, who were born here, live here, go to school, come back home, and want to live here,” he said. said the politician Shirley Surgeon.