OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa sHB-6436 AN ACT ESTABLISHING THE OPEN CHOICE VOUCHERS PILOT PROGRAM. Primary Analyst: MP 3/22/21 Contributing Analyst(s): Reviewer: PR OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 22 $ FY 23 $ Department of Housing GF - Cost None 117,500 Note: GF=General Fund Municipal Impact: None Explanation The bill requires the Department of Housing (DOH) to establish the Open Choice Voucher pilot program and results in a cost to DOH of approximately $117,500 in FY 23. This estimate reflects the average annual rental voucher cost of $11,750 per family (including $250 in administration costs) for the ten new rental vouchers to be provided in the school year commencing in 2022. The Out Years State Impact: Agency Affected Fund-Effect FY 24 $ FY 25 $ FY 26 $ Department of Housing (DOH46900) GF - Cost 236,150 238,462 240,795 Note: GF=General Fund Municipal Impact: None The bill results in a cost to DOH of approximately $236,150 in FY 24 for the second year of the pilot program, which reflects the cost for ten additional new rental vouchers for the school year commencing in 2021HB-06436-R000120-FN.DOCX Page 2 of 2 2023, and the continuation of the ten original vouchers with a one percent cost increase due to inflation. The fiscal impact in FY 24 is anticipated to continue into the future subject to a one percent increase in voucher costs per year. Sources: Department of Housing