CT HB07112

Majority leaders' roundtable group on affordable housing must study the feasibility of establishing an Affordable Housing Real Estate Investment Trust to acquire and retain deed-restricted affordable housing units, with report due by January 1, 2026

Task force established to study a housing opportunity tax credit equal to 25% of rental income for landlords who house formerly incarcerated individuals, examining impacts on housing availability and recidivism rates

Community Investment Fund 2030 bonding authorization increased from $875 million to $1.075 billion through FY 2027, and from $1.25 billion to $1.55 billion through FY 2032, with $100 million annually earmarked for affordable housing projects (half requiring project labor agreements)

Municipalities prohibited from requiring residential lot sizes greater than one acre and from installing "hostile architecture" designed to prevent homeless individuals from sitting or lying in public spaces

Direct rental assistance pilot program established to serve up to 150 recipients eligible for state rental assistance who are on federal Housing Choice Voucher waiting lists, with $2.23 million appropriated and program terminating July 1, 2029