Crumbling Concrete Foundations Legislation
Several bills addressing the problem of crumbling concrete foundations are moving through the General Assembly, including one proposal that would create a Crumbling Foundations Assistance Fund. The account would be funded partly by a $12 surcharge on homeowners and renters policies and would be overseen by the Capitol Region Council of Governments. Besides the surcharge, lawmakers are looking at other revenue sources to finance the new assistance fund. One legislator estimated $35 million might be needed initially to help those residents whose homes have been deemed unsafe. Homeowners and businesses in at least 37 communities are affected by the problem, which has been traced to a quarry in Willington.