LCO No. 3388 1 of 1
General Assembly Proposed Bill No. 1125
January Session, 2025
LCO No. 3388
Referred to Committee on HOUSING
Introduced by:
SEN. GADKAR-WILCOX, 22nd Dist.
AN ACT INCREASING THE MAXIMUM LOAN AMOUNT OFFERED
UNDER THE TIME TO OWN PROGRAM.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
That the Connecticut Housing Finance Authority be required to 1
increase the maximum loan amount offered under the Time to Own 2
forgivable down payment assistance program from twenty -five 3
thousand dollars to fifty thousand dollars. 4
Statement of Purpose:
To increase the maximum loan amount offered under the Time to Own
program.