Shoreline Resiliency Loan Fund
The State of Connecticut, Department of Housing (State, or DOH) is seeking one or more proposers to establish a fund to provide low-interest loans to qualified homeowners and businesses interested in protecting their homes and businesses, and making them more resilient in the face of future storms (the Shoreline Resiliency Loan Fund, or the Fund). The proposer(s) will also serve as Fund Manager(s) to administer the Fund. The initial focus of this effort will be homes and businesses subject to coastal flooding and located in either Zone VE or Coastal Zone AE as defined by the Federal Emergency Management Agency (FEMA) and the National Flood Insurance Program (NFIP).
The State anticipates providing an initial grant to seed the Shoreline Resiliency Loan Fund, which would be followed by additional capital from the State. The State expects that additional capital contributions will be provided from, but not limited to, conventional financing sources.
The due date for this proposal is 4:00 PM on March 19, 2014.
For more information, see the RFP below. For any questions about this RFP you can contact Mr. Dimple Desai, Community Development Director at (860) 270-8012 or by email at firstname.lastname@example.org