Loading chat...

CT HB05430

Bill

Status

Introduced

1/18/2013

Primary Sponsor

Terrie Wood

Click for details

Origin

House of Representatives

2013 General Assembly

AI Summary

  • Amends section 8-30g of the general statutes to extend the affordability requirement for set-aside housing units from 40 years to perpetuity.

  • Removes the sunset provision that allowed deed restrictions on affordable housing units to expire after 40 years.

  • Requires affordable housing units in set-aside developments to remain affordable permanently rather than reverting to market-rate housing.

  • Strengthens Connecticut's affordable housing law by extending the duration of affordability protections indefinitely.

Legislative Description

An Act Concerning The Affordability Term For Affordable Housing Units.

Last Action

Public Hearing 02/14

2/7/2013

Committee Referrals

Housing1/18/2013

Full Bill Text

No bill text available