Bill > SB00933

This bill authorizes the State Bond Commission to issue up to one million dollars in state bonds to provide a grant to the town of Lebanon for designing and constructing a sixteen-unit affordable elderly housing facility. The bonds will be issued according to existing state financial statutes (specifically section 3-20 of the general statutes), and the funds will be managed by the Department of Housing. The purpose of the bill is to support the development of housing specifically targeted to elderly residents in the town of Lebanon, addressing potential housing needs for older community members who may require affordable housing options. By providing state-backed funding, the bill aims to facilitate the creation of accessible and affordable housing for seniors in this specific municipal location.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00933&which_year=2025