New tax abatement bill for first time homeowners advances
Towns could offer first time home owners up to $500 off a year for 5 years.
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Mar 1, 2024, 7:08 PM
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Updated 189 days ago
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8h agoState lawmakers advanced a new tax abatement bill for people who got a loan from the Connecticut Housing Finance Authority.
Towns could offer first time home owners up to $500 off a year for 5 years.
Some small towns oppose the tax break.
They say it just shifts the tax burden to other property owners.
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