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CT HB05041

CT HB05041
An Act Concerning The Calculation Of The Ten Per Cent Threshold For The Affordable Housing Appeals Procedure.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To include dwelling units that meet certain income requirements in the calculation of the ten per cent threshold for the affordable housing appeals procedure.

AI Summary

This bill modifies Connecticut's existing affordable housing law by changing how the ten percent threshold for the affordable housing appeals procedure is calculated. Specifically, the bill allows properties that are not deed-restricted (meaning they don't have a legal document permanently limiting their affordability) to be included in the threshold calculation if they can be purchased by individuals or families earning 80% or less of the median income, based on prevailing interest rates and property appraisal values from the previous year's grand list. This change effectively expands the number of housing units that can be counted towards the ten percent affordable housing threshold, potentially making it easier for developers to propose affordable housing projects and challenge local zoning restrictions through the affordable housing appeals procedure. The bill aims to create more opportunities for affordable housing development by broadening the definition of what qualifies as an affordable housing unit.

Committee Categories

Housing and Urban Affairs

Sponsors (3)

Last Action

Referred to Joint Committee on Housing (on 01/08/2025)

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