 Financing Description
The LHFIP rebates 50% of the cost of approved exterior building facade and site improvements for the first $30,000 of improvement, with a 20% rebate for additional project expenses up to a maximum project cost of $100,000. The maximum rebate that can be provided for a single application is $29,000.
Funding for the rebates is provided by a grant from the Connecticut Department of Economic and Community Development.
The balance of rehabilitation project expenses may be supplied by the applicant's own resources or through a bank loan.
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