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HB 5468 Connecticut House · 2025 Regular Session

AN ACT AUTHORIZING BONDS OF THE STATE FOR AFFORDABLE HOUSING PROJECTS LOCATED IN THE CITY OF NEW HAVEN.

HB 5468 authorizes Connecticut to issue up to $5 million in state bonds to fund affordable housing construction in New Haven. The bond proceeds would be used by the City of New Haven to build housing developments consisting entirely of affordable units. This bill directly affects New Haven residents by creating new housing opportunities through state-funded construction. It establishes a specific funding mechanism - state bonds - without specifying income thresholds for affordability.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $5M state bonds for housing construction, increasing public spending on affordable housing through fiscal allocation.95% confidence ✓ HousingSupports HousingAuthorizes $5M state bonds for affordable housing construction in New Haven, directly funding new affordable units without income thresholds.95% confidence
Sub-Topics: Debt & Bonds Housing Finance Affordable Housing
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2025 Last action Jan 17, 2025
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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
Jan 17, 2025
Committee
REF. TO JOINT COMM. ON Finance, Revenue and Bonding
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Juan Candelaria
Juan Candelaria
DDemocratic
CT
95