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CT HB06125
Bill
Status
1/22/2025
Primary Sponsor
Tami Zawistowski
Click for details
AI Summary
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Amends Section 8-30g(k) of Connecticut General Statutes regarding the 10% affordable housing threshold calculation for the appeals procedure exemption
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Expands the definition of countable affordable housing to include properties that are not deed-restricted but are affordable to households earning 80% or less of area median income
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Affordability would be determined based on prevailing interest rates and appraised property values from the prior grand list year
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Allows municipalities to count naturally affordable market-rate housing toward their 10% threshold, potentially making it easier to qualify for exemption from affordable housing appeals
Legislative Description
An Act Including Properties That Are Able To Be Purchased By Persons Meeting Certain Income Requirements In The Calculation Of The Threshold For The Affordable Housing Appeals Procedure Exemption.
Last Action
Referred to Joint Committee on Housing
1/22/2025