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flag Connecticut Governor approves $40m for "Time to Own" program, aiding first-time low-income homebuyers, including people of color.

flag Connecticut Governor Ned Lamont announced the approval of $40 million to reopen the "Time to Own" program, aimed at assisting low- and moderate-income first-time homebuyers. flag Established in 2022, the program provides forgivable loans for down payments and closing costs, having aided over 4,800 homebuyers across 149 towns, with a significant portion being people of color. flag This funding is part of a broader $1 billion housing initiative.

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