Connecticut HB6494: AN ACT ESTABLISHING A HOUSING GROWTH FUND.

What the bill says

An act ESTABLISHING A HOUSING GROWTH FUND. Assembly convened: That the general statutes be amended to establish a Housing Growth Fund, to be administered by the Commissioner of Economic and Community Development, who shall, within available appropriations, allocate fifty million dollars annually to the fund to provide grants to eligible municipalities to (1) increase the production of affordable housing, as defined in section 8-39a of the general statutes, (2) promote the production of housing that is affordable for families of low and moderate income, as defined in section 8-39 of the general.

From the introduced text:

AN ACT ESTABLISHING A HOUSING GROWTH FUND. Assembly convened: That the general statutes be amended to establish a Housing Growth Fund, to be administered by the Commissioner of Economic and Community Development, who shall, within available appropriations, allocate fifty million dollars annually to the fund to provide grants to eligible municipalities to (1) increase the production of affordable housing, as defined in section 8-39a of the general statutes, (2) promote the production of housing that is affordable for families of low and moderate income, as defined in section 8-39 of the general statutes, and (3) maximize the amount of residential, commercial and leisure space within walking distance of transit facilities. Statement of Purpose: To establish a Housing Growth Fund to provide grants to municipalities to incentivize the production of affordable housing. LCO No. 3059 1 of

Read the full official text

Sponsors

• Alphonse Paolillo (D, 97) · primary sponsor
• Toni Walker (D, 93)
• Juan Candelaria (D, 95)
• Steven Winter (D, 94)
• Martin Looney (D, 11)