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CT HB05115

Bill

Official Source

Status

Introduced

2/14/2024

Primary Sponsor

Juan Candelaria

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Authorizes the State Bond Commission to issue up to $250 million in state bonds for affordable housing development grants
  • Makes $50 million available annually for each of the next five years from bond proceeds
  • Department of Housing distributes grants-in-aid to nonprofit organizations serving persons experiencing homelessness
  • Nonprofit grantees must collaborate with local public housing authorities on affordable housing projects

Legislative Description

An Act Authorizing Bonds Of The State For Grants-in-aid To Certain Nonprofit Organizations For The Development Of Affordable Housing.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/14/2024

Committee Referrals

Finance, Revenue and Bonding2/14/2024

Full Bill Text

No bill text available