Connecticut Senate Bill SB00334

Connecticut 2023 Regular Session

• Introduced: 1/18/23
• Refer: 1/18/23

Caption

An Act Authorizing Bonds Of The State For Construction Of An Elderly Housing Facility In Lebanon.

Impact

If passed, this bill would significantly impact state laws regarding housing development, particularly for senior citizens. It reinforces the state's commitment to address housing shortages for the elderly demographic by providing necessary financial resources. The establishment of this facility aims to improve living conditions for older residents in Lebanon and enhance their quality of life by providing suitable housing options.

Summary

SB00334 is an act aimed at addressing the housing needs of the elderly population in Lebanon by authorizing the issuance of state bonds for the construction of a designated elderly housing facility. The bill proposes that the State Bond Commission be empowered to issue bonds not exceeding three million dollars, which will be managed by the Department of Housing. The primary objective is to use the bond proceeds to provide a grant-in-aid to Lebanon for the construction of a sixteen-unit facility.

Contention

While the bill aims to support elderly housing development, discussions around SB00334 may involve aspects such as funding allocation, fiscal responsibility, and the necessity of additional elderly housing facilities. Concerns could arise regarding the use of state bonds and whether the funds are the most efficient means to address the housing issue, potentially leading to debates on the prioritization of state resources and similar projects across Connecticut.