Connecticut House Bill HB07209

Connecticut 2019 Regular Session

• Introduced: 2/21/19
• Refer: 2/21/19
• Report Pass: 3/29/19
• Refer: 4/11/19
• Report Pass: 4/17/19
• Engrossed: 5/23/19
• Report Pass: 5/28/19

Caption

An Act Establishing The Connecticut Municipal Redevelopment Authority.

Impact

The creation of the Connecticut Municipal Redevelopment Authority is expected to centralize and streamline redevelopment efforts at the municipal level. Local governments can now opt into this framework, enhancing their capabilities for managing significant urban projects. The bill aims to attract investments through the issuance of bonds, which can fund various projects without directly placing financial burdens on state or municipal budgets. This shift could positively influence economic vitality in cities by offering new opportunities for housing and commercial development.

Summary

House Bill 7209 establishes the Connecticut Municipal Redevelopment Authority, tasked with overseeing development projects within designated municipalities. This authority will be empowered to create development districts, facilitating transit-oriented design, housing rehabilitation, and the redevelopment of vacant properties. The bill creates a framework to enhance economic development efforts by enabling municipalities to channel resources efficiently toward revitalizing local areas, particularly in downtown districts or near transit stations.

Sentiment

Support for HB 7209 appears to be bipartisan, driven by a shared recognition of the need for municipal support in revitalizing urban environments. Legislators and advocacy groups within the housing and economic development spheres generally view this measure positively, highlighting its potential to create jobs and improve communities. However, some concern has been raised about the adequacy of oversight and the potential for misallocation of funds, which could lead to unmet expectations regarding redevelopment goals.

Contention

Debate on HB 7209 indicated some apprehension regarding the powers granted to the authority, particularly concerning land acquisition and property development. Critics argue that the broad powers conferred upon the authority could lead to conflicts with local governance and community priorities. Additionally, there were discussions about the necessity of ensuring robust community engagement throughout the redevelopment process to prevent the displacement of existing residents and businesses.