CT HB05364

Amends Connecticut's affordable housing statute (Section 8-30g) to create three tiers of set-aside developments based on deed restriction duration: forty-year, thirty-year (30-39 years), and twenty-year (20-29 years) restrictions, replacing the previous single 40-year minimum requirement

Establishes a tiered housing unit-equivalent points system where thirty-year set-aside developments receive 70% of the points awarded to equivalent forty-year developments, and twenty-year developments receive 40% of those points

Maintains existing point structures for forty-year set-aside family units: 1-1.5 points for units at ≤80% median income, 1.5-2 points for ≤60% median income, and 2-2.5 points for ≤40% median income (with rental units receiving higher points than ownership units)

Requires at least 30% of dwelling units in any set-aside development to have affordability covenants, with at least 15% of all units restricted to households earning ≤60% of median income

Takes effect October 1, 2026