General Assembly Proposed Bill No. 5122
January Session, 2017 LCO No. 273
*00273*
Referred to Committee on HOUSING
Introduced by:
REP. ROSARIO, 128th Dist.
General Assembly
Proposed Bill No. 5122
January Session, 2017
LCO No. 273
*00273*
Referred to Committee on HOUSING
Introduced by:
REP. ROSARIO, 128th Dist.
AN ACT ESTABLISHING A REVOLVING LOAN FUND FOR ANTI-BLIGHT AND HOARDING REMEDIATION INITIATIVES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to establish a revolving loan fund for anti-blight and hoarding remediation initiatives for seniors, veterans and low-income communities. Said fund shall be created and maintained from allocating a one-half of one per cent portion of the sales of state-owned property and property acquired from State Police seizures to the fund.
Statement of Purpose:
To establish a revolving loan fund for anti-blight and hoarding remediation initiatives for seniors, veterans and low-income communities.