Connecticut legislation · 2025 General Assembly
Connecticut HB5276: AN ACT INCLUDING DWELLING UNITS FOR PURCHASERS THAT MEET CERTAIN INCOME REQUIREMENTS IN THE CALCULATION OF THE THRESHOLD FOR THE
Status: In committee, January 15, 2025
AN ACT INCLUDING DWELLING UNITS FOR PURCHASERS THAT MEET CERTAIN INCOME REQUIREMENTS IN THE CALCULATION OF THE THRESHOLD FOR THE AFFORDABLE HOUSING APPEALS PROCEDURE EXEMPTION.
What the bill says
An act INCLUDING DWELLING UNITS FOR PURCHASERS THAT MEET CERTAIN INCOME REQUIREMENTS IN THE CALCULATION OF THE THRESHOLD FOR THE AFFORDABLE HOUSING APPEALS PROCEDURE EXEMPTION. Assembly convened: That subsection (k) of section 8-30g of the general statutes be amended to include in the calculation of the ten per cent threshold for the affordable housing appeals procedure exemption any property that is not deed restricted but is able to be purchased by persons or families whose income is less than or equal to eighty per cent of the median income based on the prevailing interest rate and appraise.
From the introduced text:
AN ACT INCLUDING DWELLING UNITS FOR PURCHASERS THAT MEET CERTAIN INCOME REQUIREMENTS IN THE CALCULATION OF THE THRESHOLD FOR THE AFFORDABLE HOUSING APPEALS PROCEDURE EXEMPTION. Assembly convened: That subsection (k) of section 8-30g of the general statutes be amended to include in the calculation of the ten per cent threshold for the affordable housing appeals procedure exemption any property that is not deed restricted but is able to be purchased by persons or families whose income is less than or equal to eighty per cent of the median income based on the prevailing interest rate and appraised value of properties in effect as of the prior grand list year. Statement of Purpose: To include dwelling units for purchasers that meet certain income requirements in the calculation of the ten per cent threshold for the affordable housing appeals procedure exemption. LCO No. 1131 1 of
Sponsors
- Arnold Jensen (R, 131) · primary sponsor