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CT SB01365
Bill
Status
2/20/2025
Primary Sponsor
Housing Committee
Click for details
AI Summary
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Department of Housing must establish a grant program to fund affordable housing developments where 60% of units are deed-restricted to individuals or families earning no more than $35,000 annually
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Commissioner of Housing must develop eligibility criteria, application forms, and deadlines by November 1, 2025, and post program details on the department's website
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Department may coordinate with other state agencies, quasi-public agencies, housing authorities, and municipalities in developing program standards
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Annual reporting to the General Assembly's housing committee required starting January 1, 2027, including number of applications received, grants awarded, and grant amounts
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Effective date: July 1, 2025
Legislative Description
An Act Establishing A Grant Program To Create Affordable Housing Developments With Certain Deed Restrictions.
Last Action
Public Hearing 02/27
2/21/2025