Bill Text: CT HB05430 | 2013 | General Assembly | Introduced


Bill Title: An Act Concerning The Affordability Term For Affordable Housing Units.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2013-02-07 - Public Hearing 02/14 [HB05430 Detail]

Download: Connecticut-2013-HB05430-Introduced.html

General Assembly

 

Proposed Bill No. 5430

 

January Session, 2013

 

LCO No. 319

   

Referred to Committee on HOUSING

 

Introduced by:

 

REP. WOOD, 141st Dist.

 

AN ACT CONCERNING THE AFFORDABILITY TERM FOR AFFORDABLE HOUSING UNITS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 8-30g of the general statutes be amended to require affordable housing units in set-aside developments to remain affordable in perpetuity rather than allowing the deed restriction to sunset after forty years.

Statement of Purpose:

To strengthen the affordable housing law by extending the length of time during which affordable housing units must remain affordable.

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