June 6, 2019
Earlier this week, the House and Senate passed the biennial budget (HB 7424). This budget proposes $43 billion in spending over the biennium, closes the projected $3.7 billion budget deficit, and anticipates a budget reserve fund that will grow to $2.6 billion by the end of this year.
On Monday, May 20th, 2019, the Partnership for Strong Communities hosted its second IForum of 2019, Ending Family Homelessness: A Look at Race, Equity, and Prevention Strategies. The event featured a discussion on racial disparities in homelessness in Connecticut and beyond, as well as equity-focused solutions to resolve the family homelessness crisis.
On Wednesday, March 27th, 2019, housing advocates from across the region gathered at The Lyceum in Hartford for the Partnership for Strong Communities' first IForum of 2019, titled Past and Future Housing: Connecticut's Missing Middle. This event brought together over 120 attendees to discuss Connecticut's small- and medium-sized multifamily housing stock, which is an important but aging source of affordable housing in the state.
In the past two weeks, members of the Reaching Home Campaign have been active at the Legislative Office Building testifying at Appropriations Hearings on the Governor’s proposed budget for FY 2019-2020. Over 40 members have submitted testimony for the public budget hearing and a number of bills, and many showed up to testify to support critical housing and homelessness resources that are needed to prevent and end homelessness.
The 2019 Scorecard published by Prosperity Now provides data on household financial health and racial economic inequality. The Scorecard concludes that while there has been some progress made over recent years, too many Americans are struggling to make ends meet. Further, large wealth and racial disparities are holding many Americans, particularly people of color, back from prosperity.
As part of the release of the Scorecard, Prosperity Now published both a national and state report. Some of the national key findings are: