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CT SB00848
Bill
Status
1/21/2025
Primary Sponsor
Jeff Gordon
Click for details
AI Summary
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Amends Section 8-30g to count certain deed-restricted dwelling units toward the 10% affordable housing threshold that exempts municipalities from the affordable housing appeals procedure
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Qualifying units must have deed covenants requiring affordability for at least 40 years after initial occupation, with prices ensuring housing costs remain at 30% or less of annual income
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Income limits for eligible buyers/renters set at $100,000 or less for single tax filers and $200,000 or less for joint tax filers
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Purchasers or renters must prove full-time employment at application and maintain full-time employment for at least 9 months per calendar year
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Municipalities receive one housing unit-equivalent point for each qualifying deed-restricted dwelling unit created
Legislative Description
An Act Including Certain Deed-restricted Dwelling Units In The Calculation Of The Threshold For Exemption From The Affordable Housing Appeals Procedure.
Last Action
Referred to Joint Committee on Housing
1/21/2025