LCO No. 4965 1 of 2 General Assembly Raised Bill No. 1365 January Session, 2025 LCO No. 4965 Referred to Committee on HOUSING Introduced by: (HSG) AN ACT ESTABLISHING A GRANT PROGRAM TO CREATE AFFORDABLE HOUSING DEVELOPMENTS WITH CERTAIN DEED RESTRICTIONS. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective July 1, 2025) (a) The Department of 1 Housing shall, within available appropriations, establish a grant 2 program to provide funds to applicants to create affordable housing 3 developments in which sixty per cent of the dwelling units are deed 4 restricted to individuals or families with a maximum annual income of 5 thirty-five thousand dollars. 6 (b) The Commissioner of Housing shall develop standards for the 7 affordable housing development grant program. The department may 8 consult and coordinate with other state agencies, quasi-public agencies, 9 housing authorities and municipalities in developing such standards 10 and implementing the grant program. 11 (c) Not later than November 1, 2025, the Commissioner of Housing 12 shall develop eligibility criteria to be used in selecting among applicants 13 for such grants, develop application forms and deadlines and post in a 14 Raised Bill No. 1365 LCO No. 4965 2 of 2 conspicuous location on the Internet web site of the department a 15 description of the grant program that includes, but is not limited to, such 16 criteria, forms and deadlines. 17 (d) Not later than January 1, 2027, and annually thereafter, the 18 department shall submit a report, in accordance with the provisions of 19 section 11-4a of the general statutes, to the joint standing committee of 20 the General Assembly having cognizance of matters relating to housing. 21 Such report shall include information for the preceding calendar year 22 on the number of grant applications received, the number of grants 23 awarded and a list of applicants that received grants and the amount of 24 such grants. 25 (e) The Commissioner of Housing may adopt regulations, in 26 accordance with the provisions of chapter 54 of the general statutes, to 27 implement the provisions of this section.28 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2025 New section Statement of Purpose: To establish a grant program to create affordable housing developments in which sixty per cent of dwelling units are deed restricted to individuals or families with a maximum income of thirty-five thousand dollars. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]