Bill

Bill > SB00409


CT SB00409

CT SB00409
An Act Concerning Investment In Supportive Housing And Home Ownership Initiatives.


summary

Introduced
01/10/2025
In Committee
01/10/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To promote investments in supportive housing initiatives and home ownership support initiatives.

AI Summary

This bill establishes two new state funds to support housing initiatives: a supportive housing fund and a housing innovations fund, each receiving $130 million. The supportive housing fund will be specifically targeted at creating housing for vulnerable populations, including individuals with behavioral health challenges, domestic violence survivors, and youth transitioning out of the foster care system. The housing innovations fund will focus on developing rental housing solutions that provide comprehensive support services. By allocating these substantial funds, the bill aims to address housing instability and provide targeted assistance to populations that often face significant barriers to secure and stable housing. The funds represent a significant investment in addressing housing needs for some of the most vulnerable community members, with the goal of providing not just housing, but holistic support that can help individuals stabilize their living situations and improve their overall quality of life.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Joint Committee on Appropriations (on 01/10/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...