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General Assembly Substitute Bill No. 7068
January Session, 2019
AN ACT MAKING MINOR REVISIONS TO STATUTE S REGARDING
BOND-FINANCED HOUSING PROGRAMS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. Subdivision (2) of subsection (a) of section 8-37qq of the 1
general statutes is repealed and the following is substituted in lieu 2
thereof (Effective October 1, 2019): 3
(2) "Administrative expense" means any administrative or other cost 4
or expense incurred by the state in carrying out the provisions of any 5
of the following bond-financed state housing programs, including the 6
hiring of necessary employees and the entering of necessary contracts: 7
Housing authority programs for social and supplementary services, 8
affordable housing pursuant to section 8-37pp, project rehabilitation 9
and improvement, and energy conservation pursuant to section 8-44a, 10
moderate rental housing pursuant to section 8-70, moderate cost 11
housing pursuant to section 8-82, housing for elderly persons pursuant 12
to section 8-114a, congregate housing for the elderly pursuant to 13
section 8-119h, housing for low-income persons pursuant to section 8-14
119dd, urban homesteading pursuant to subsection (a) of section 8-15
169w, financial assistance for development of limited equity 16
cooperatives and mutual housing pursuant to section 8-214f, financial 17
assistance to elderly homeowners for emergency repairs or 18
rehabilitation pursuant to section 8-219b, home ownership loans 19
pursuant to subsection (a) of section 8-286, financial assistance for the 20 Substitute Bill No. 7068
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development of quality rental housing and homeownership pursuant 21
to section 8-336p, housing programs for homeless persons pursuant to 22
sections 8-356 and 8-357, private rental investment mortgage and 23
equity program pursuant to sections 8-401 and 8-403, assistance for 24
housing predevelopment costs pursuant to sections 8-410 and 8-411, 25
residential subsurface sewage disposal system repair pursuant to 26
section 8-420, and energy conservation loans pursuant to section 16a-27
40b. 28
Sec. 2. Section 8-37mm of the general statutes is repealed and the 29
following is substituted in lieu thereof (Effective October 1, 2019): 30
(a) For the purposes described in subsection (b) of this section, the 31
State Bond Commission shall have the power, from time to time to 32
authorize the issuance of bonds of the state in one or more series and 33
in principal amounts not exceeding in the aggregate thirty million 34
dollars, provided fifteen million dollars of said authorization shall be 35
effective July 1, 2016. 36
(b) The proceeds of the sale of said bonds, to the extent of the 37
amount stated in subsection (a) of this section shall be [used by the 38
Department of Housing for the purposes of ] deposited in a 39
homelessness prevention and response fund and used by the 40
Department of Housing to provide forgivable loans or grants to [(1)] 41
landlords [to] for one or more of the following purposes: (1) To 42
renovate multifamily homes, including performing building code 43
compliance work and other major improvements, [in exchange for the 44
landlord's participation in a rapid rehousing program. A landlord's 45
participation in such program would include, but not be limited to, 46
waiving security deposits and abatement of rent for a designated 47
period; and (2) landlords to renovate multifamily homes, including 48
performing building code compliance work and other major 49
improvements, fund ongoing maintenance and repair, or capitalize 50
operating and replacement reserves in exchange for the abatement of 51
rent by a landlord for scattered site supportive housing units] (2) to 52
fund ongoing maintenance and repair, or (3) to capitalize operating 53 Substitute Bill No. 7068
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and replacement reserves. In exchange for such forgivable loans or 54
grants, the landlord shall participate in a rapid-rehousing or 55
supportive housing program, which shall include, but need not be 56
limited to, a requirement that the landlord abate rent for a designated 57
period and waive security deposits. 58
(c) The Department of Housing may use not more than five per cent 59
of the total allocation for administrative purposes. 60
(d) All provisions of section 3-20, or the exercise of any right or 61
power granted thereby, which are not inconsistent with the provisions 62
of this section are hereby adopted and shall apply to all bonds 63
authorized by the State Bond Commission pursuant to this section, and 64
temporary notes in anticipation of the money to be derived from the 65
sale of any such bonds so authorized may be issued in accordance with 66
said section 3-20 and from time to time renewed. Such bonds shall 67
mature at such time or times not exceeding twenty years from their 68
respective dates as may be provided in or pursuant to the resolution or 69
resolutions of the State Bond Commission authorizing such bonds. 70
None of said bonds shall be authorized except upon a finding by the 71
State Bond Commission that there has been filed with it a request for 72
such authorization which is signed by or on behalf of the Secretary of 73
the Office of Policy and Management and states such terms and 74
conditions as said commission, in its discretion, may require. Said 75
bonds issued pursuant to this section shall be general obligations of the 76
state and the full faith and credit of the state of Connecticut are 77
pledged for the payment of the principal of and interest on said bonds 78
as the same become due, and accordingly and as part of the contract of 79
the state with the holders of said bonds, appropriation of all amounts 80
necessary for punctual payment of such principal and interest is 81
hereby made, and the State Treasurer shall pay such principal and 82
interest as the same become due. 83
This act shall take effect as follows and shall amend the following
sections:
Substitute Bill No. 7068
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Section 1 October 1, 2019 8-37qq(a)(2)
Sec. 2 October 1, 2019 8-37mm
HSG Joint Favorable Subst. -LCO
FIN Joint Favorable