CT HB07028

Municipalities meeting 10% or more affordable housing threshold receive a 20% increase in school building project grant reimbursement for a five-year period, effective July 1, 2025

Municipalities meeting 8% to less than 10% affordable housing threshold receive an 8% grant increase; those meeting 6% to less than 8% receive a 5% increase

The Commissioner of Housing must issue a written determination certifying the municipality's affordable housing threshold before December 1st of the application year

Amends existing Section 10-285a of Connecticut general statutes, which governs school building project grant percentages based on town rankings by adjusted equalized net grand list per capita

Affordable housing thresholds are measured under Section 8-30g standards, with the stated purpose of encouraging municipalities to create more affordable housing