Benefits for Landlords of Free Lead Hazard Removal Grant

The CT Property Owners Alliance (CTPOA) recently hosted a webinar on September 26th to inform homeowners about a free lead hazard removal grant program offered by the state of Connecticut. This program provides a valuable opportunity to Connecticut residents to remove lead paint hazards from their properties at no cost. As a CTPOA member, you can watch the webinar for FREE in their Resource Library.

Missed the webinar? Here’s a summary of the key takeaways:

  • The Grant Program: The state of Connecticut is offering a free lead abatement program to remove lead hazards from pre-1978 homes with pregnant women or children under 6 years old residing there. This program covers the cost of lead removal, tenant relocation (if necessary), and even renovations.
  • Benefits for Homeowners: Participating in the program offers significant advantages:
    • Increased Property Value: Free lead removal acts as a renovation, potentially increasing your property’s value and marketability.
    • Attract More Tenants: Lead-free properties are more appealing to potential tenants, allowing you to potentially command higher rental rates.
    • Reduced Legal Liability: Compliance with lead regulations protects you from lawsuits and penalties.
    • Improved Tenant Health: Lead exposure, especially in children, can have severe health consequences. Removing hazards creates a safer living environment.
    • Increased Tenant Retention: Happy and healthy tenants are more likely to stay, reducing turnover costs and ensuring stable rental income.
    • Peace of Mind: Knowing your property is lead-free offers peace of mind and allows you to fulfill your ethical responsibility as a landlord.
    • Long-Term Investment: Lead removal pays off in increased property value, tenant satisfaction, and legal compliance.

How to Get Involved:

While the CTPOA webinar has passed, the free lead abatement program is still ongoing! You can learn more and apply directly through the Connecticut Lead Free program at leadfreect.org.

By taking advantage of this program, you can create a healthier, safer living environment for your family and tenants, while also increasing the long-term value of your property. It takes less than 10 minutes to apply! Watch the webinar to hear all about this once-in-a-lifetime program.

Are you a realtor or landlord but haven't joined CTPOA yet? Become a member today and enjoy exclusive discounts, training & networking opportunities and so much more!
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