Loans to lift houses higher, protect from flooding

HARTFORD, Conn. (WTNH) — The State of Connecticut is making low-interest loans available to help shoreline homeowners and businesses protect their buildings from flooding and other severe weather by lifting them higher above sea level, the governor’s office announced.

The program is called “Shore Up CT”.

It’s specifically for people who own property in coastal areas with VE and AE FEMA flood zones. The interest rate is 2.75 % (3.027% APR) and borrowers can get to $300,000 and repay it over 15-years. There’s no payment for the first 12 months.

“Preparing for and adapting to a changing environment is something we must address over the long term, and that’s exactly what we’re setting out to accomplish with this loan program,” Gov. Malloy said in a news release.

According to the governor’s office, there are a few rules for property to be eligible for the program, including:

  • Primary and secondary single family homes, or 1-4 unit owner-occupied rentals. Single-family homeowners must live in the property at least 14 days per year.
  • Businesses with fewer than 100 employees and in good standing with all state agencies.
  • Must be up-to-date with all local, state, and federal taxes.

To be eligible, the property has to be in Greenwich, Stamford, Darien, Norwalk, Westport, Fairfield, Bridgeport, Stratford, Milford, West Haven, New Haven, East Haven, Branford, Guilford, Madison, Clinton, Westbrook, Old Saybrook, Old Lyme, East Lyme, Waterford, New London, Groton, and Stonington.

For more information about the process and how to apply visit This program was formerly known as the Shoreline Resiliency Fund.

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