Connecticut 2025 Regular Session

Connecticut Senate Bill SB01097

Introduced
1/22/25  

Caption

An Act Concerning The Conversion Of Vacant Commercial Property To Affordable Housing Developments.

Impact

This legislation seeks to impact state laws by amending general statutes to create a framework that supports local governments in transitioning vacant commercial properties to housing. By incentivizing municipalities, the bill aims to encourage a more proactive approach in utilizing existing structures for residential purposes. This approach could play a role in addressing housing affordability and accessibility challenges, particularly in urban areas facing rising housing costs.

Summary

SB01097, introduced by Senator Gaston, aims to address the challenge of vacant commercial properties by encouraging their conversion into affordable housing developments. The bill mandates that municipalities create incentive programs and adjust zoning regulations to facilitate this conversion process. The intent is to leverage unused commercial spaces to help alleviate the housing shortage while promoting community revitalization and sustainable development.

Contention

While the bill may have positive intentions, it could face contention around issues of local autonomy and the practicality of implementing incentive programs. Some stakeholders may argue that mandating changes in zoning regulations may conflict with local planning priorities or the needs of existing communities. Concerns about safety, accessibility, and energy efficiency could also arise, with opponents asking for further regulations and standards to ensure that converted properties meet the necessary residential requirements and contribute positively to the neighborhood.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00270

An Act Concerning Tax Credits For The Conversion Of Commercial Properties.

CT HB06415

An Act Concerning Commercial And Mixed-use Space In Affordable Housing Developments.

CT SB00416

An Act Concerning The Conversion Of Commercial Real Property For Residential Use.

CT HB05475

An Act Concerning The Development Of Housing, Challenges To Certain Decisions Of Municipal Agencies, And The Conversion Of Vacant Nursing Homes Into Multifamily Housing.

CT HB05337

An Act Concerning Affordable Housing Development Practices.

CT SB01240

An Act Concerning The Mill Rate For Commercial And Industrial Real Property, Implementing A Municipal Tax Revenue Sharing Program And Establishing Tax Credit Voucher Programs To Incentivize Commercial Leases And Residential Conversions.

CT HB05178

An Act Concerning Funding For The Development Of Affordable Housing.

CT HB06781

An Act Addressing Housing Affordability For Residents In The State.

CT HB06464

An Act Concerning The Tax Assessment Of Affordable Housing.

CT HB06633

An Act Concerning A Needs Assessment And Fair Share Plans For Municipalities To Increase Affordable Housing.

Similar Bills

No similar bills found.