Bill
Bill > HB05171
summary
Introduced
01/14/2025
01/14/2025
In Committee
01/14/2025
01/14/2025
Crossed Over
Passed
Dead
06/04/2025
06/04/2025
Introduced Session
2025 General Assembly
Bill Summary
To require the Connecticut Housing Finance Authority to prioritize issuing loans for properties purchased in a municipality containing seven thousand five hundred or fewer residents.
AI Summary
This bill amends Chapter 134 of Connecticut's general statutes to require the Connecticut Housing Finance Authority (CHFA), a state agency that provides affordable housing financing, to prioritize issuing loans for properties purchased in smaller municipalities with populations of 7,500 residents or fewer. By specifying this population threshold, the bill aims to direct housing finance resources toward more rural or less populated areas of Connecticut, potentially supporting housing development and affordability in smaller communities that might otherwise have limited access to housing loans. The legislation seeks to ensure that CHFA provides targeted financial support to property purchases in these smaller municipalities, which could help promote housing opportunities and community development in less densely populated regions of the state.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Referred to Joint Committee on Housing (on 01/14/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05171&which_year=2025 |
BillText | https://www.cga.ct.gov/2025/TOB/H/PDF/2025HB-05171-R00-HB.PDF |
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