Loading chat...
CT HB06950
Bill
Status
Introduced
2/13/2025
Primary Sponsor
Housing Committee
Click for details
AI Summary
- Tenants renting deed-restricted units in set-aside developments may continue renting for up to three years after their income exceeds the applicable threshold (60% or 80% of median income)
- Set-aside developments must reserve at least 30% of units as affordable, with at least 15% of all units for households earning 60% or less of median income and the remainder of deed-restricted units for those earning 80% or less
- Maximum monthly housing costs for units set aside at 60% of median income are capped at 100% of HUD Section 8 fair market rent; units at 80% of median income are capped at 120% of Section 8 fair market rent
- Affordable deed restrictions on set-aside development units must remain in place for at least 40 years after initial occupation
- Effective July 1, 2025; amends Section 8-30g of the general statutes; received a Joint Favorable report from the Housing Committee
Legislative Description
An Act Concerning The Income Threshold For Tenants Renting A Dwelling Unit In A Set-aside Development.
Last Action
File Number 267
3/26/2025
Committee Referrals
Housing2/13/2025
Full Bill Text
No bill text available