CT HB05106

Expands the Private Rental Investment Mortgage and Equity Program to allow state financial assistance directly to developers and mortgagors, not just through the Connecticut Housing Finance Authority, effective July 1, 2012.

Adds "retail" to the definition of related facilities that can be included in housing projects financed under the program.

Changes the Housing Repayment and Revolving Loan Fund as the depository for bond proceeds and loan repayments instead of the Private Rental Investment Mortgage and Equity Fund for bonds issued after July 1, 2012.

Requires municipalities seeking to dissolve redevelopment agencies that received state financial assistance to obtain Department of Economic and Community Development approval and report to the legislature's commerce committee before proceeding.

Clarifies conflict-of-interest provisions for housing authority commissioners and employees by adding "executive or managerial" designation to employment restrictions.