Main Street Lending Fully Operational for Nonprofits
Educational institutions, hospitals, social service organizations and other nonprofits affected by the pandemic can now receive loans through the Main Street Lending Program.
Lamont Wants to Extend COVID Emergency
Gov. Ned Lamont announced Monday he will file a request for a five-month renewal of his public health emergency powers with legislative leaders as the coronavirus pandemic continues, saying the new Feb. 9 deadline will provide continuity and give his administration flexibility if Connecticut’s COVID-19 situation changes and quick actions become necessary.
UConn: 57 Residential Students with Virus in Isolation
Officials at University of Connecticut say 57 students who have tested positive for COVID-19 are in isolation as university officials welcome back its 5,000 residential students.
Danbury Residents Urged to Get Tested, Help Contact Tracers
State and local officials on Tuesday urged residents of Danbury to get tested for COVID-19 and pick up the phone when a contact tracer calls, saying it’s crucial to stopping the current “uptick” of cases in the western Connecticut city from turning into a “runaway freight train.”
Lamont Officially Extends Eviction Moratorium, Adds Rental Assistance
Gov. Ned Lamont has officially extended the state’s eviction moratorium, but housing advocates say around 130,000 households could face eviction without more state aid.
UConn Students Evicted from Campus After Crowded Dorm Party
University of Connecticut officials have evicted several students from on-campus housing after learning of a crowded dormitory room party with no mask-wearing or social distancing, which violated the school’s coronavirus rules.
Millions WFH and Home Depot Sales Explode
With millions of people staring at their walls while working from home, sales at Home Depot surged in the second quarter, with same-stores sales in the U.S. spiking 25 percent.
Rhode Island Dropped from CT’s Quarantine List
Residents of neighboring Rhode Island no longer have to comply with a two-week quarantine rule when they enter Connecticut. The state was removed on Tuesday from the list of states affected by a travel advisory that’s supposed to help stop the spread of the new coronavirus.
Commercial Real Estate Lending Eases in Q2
Commercial real estate mortgage markets navigated a difficult period in the second quarter of 2020 following the onset of COVID-19.
Redfin: Bidding Wars Continue in July
More than half of the Redfin’s real estate listings faced competition in July for the third month in a row.
Rhode Island Added to CT Quarantine List
Travelers from Rhode Island have been added to the list of those who must quarantine while staying in New York, New Jersey and Connecticut as some Northeast states begin to see signs of rising infections.
Fauci: Connecticut is in ‘A Good Place,’ Advises Vigilance
Dr. Anthony Fauci, the nation’s top infectious disease expert, said Monday that Connecticut is currently “in a good place.”
Salisbury Bank On Par with Second Quarter Earnings
Lakeville-based Salisbury Bank had second quarter earnings on par with the same period last year despite a $1.8 million loan loss provision.
Retail Rout Gains Pace, Lord & Taylor Seeks Bankruptcy
Lord & Taylor, America’s oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the pandemic.
Nearly 1 in 5 of CT’s Poorest Homeowners Did Not Make Mortgage Payment
A new National Association of Realtors analysis of on U.S. Census Bureau data has found the COVID-19 pandemic is hurting homeowners with limited income the most, and many are opting to simply not pay their mortgages.
Youth Account for 40 Percent of CT Coronavirus Cases in Early June
Coronavirus cases among teens and young adults are rising in Connecticut.
Flagship Ann Taylor Closes in New Haven
After its parent company filed for bankruptcy last week, the original Ann Taylor store on in New Haven closed its doors for the last time Sunday.
Torrington Savings Bank Donates $100K to COVID Relief
Torrington Savings Foundation has awarded grants totaling $100,000 to organizations responding to the COVID-19 pandemic. The grants are part of a special cycle that opened in April to meet the needs of those directly affected by the pandemic.
White House, Senate GOP Try Again on New Virus Relief Bill
Suggesting a narrower pandemic relief package may be all that’s possible, the White House still pushed ahead with Monday’s planned rollout of the Senate Republicans’ $1 trillion effort as House Speaker Nancy Pelosi assailed the GOP “disarray” as time-wasting during the crisis.
Fairfield County Office Market Slows in Q2
Despite optimistic projections that Connecticut could reap the benefits of New York City’s failure to contain the coronavirus pandemic – and early signs its residential real estate market may already be doing so – the state’s commercial real estate sector has yet to see the gains.
