General Assembly Proposed Bill No. 6697
January Session, 2015 LCO No. 2505
*02505*
Referred to Committee on HOUSING
Introduced by:
REP. FREY, 111th Dist.
General Assembly
Proposed Bill No. 6697
January Session, 2015
LCO No. 2505
*02505*
Referred to Committee on HOUSING
Introduced by:
REP. FREY, 111th Dist.
AN ACT REQUIRING CERTAIN FINANCIAL DISCLOSURES TO BE FILED WITH ANY MODIFICATION OF AN APPLICATION TO CONSTRUCT AFFORDABLE HOUSING BASED ON ECONOMIC VIABILITY.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That section 8-30g of the general statutes be amended to require any developer, upon filing a proposed modification of a proposal to construct affordable housing based on an approval of the application with restrictions that have a substantial adverse impact on the viability of the affordable housing development, to submit evidence of the developer's financial status to the commission, and to further require the commission to hold such information as confidential and not subject to disclosure.
Statement of Purpose:
To require developers of affordable housing who file modifications of approved applications to make certain financial disclosures and to require such disclosures to remain confidential.