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HB 6313 Connecticut House · 2025 Regular Session

AN ACT AUTHORIZING BONDS OF THE STATE FOR THE DEVELOPMENT OF AFFORDABLE HOUSING.

HB 6313 authorizes the state to issue up to $50 million in bonds to fund affordable housing development. The proceeds will be distributed as grants to nonprofit organizations and municipal housing authorities through the Department of Housing. These funds are specifically intended to support the construction or renovation of affordable housing projects. The bill creates a new state-funded mechanism for expanding housing options for lower-income residents without altering existing housing programs.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $50M in state bonds for affordable housing grants, funding essential housing programs without tax changes, aligning with fiscal support for public services.92% confidence ✓ HousingSupports HousingAuthorizes $50M in bonds for affordable housing development via grants to nonprofits/municipalities, directly funding construction/renovation for lower-income residents.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2025 Last action Jan 23, 2025
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Total actions
1
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Committee
1
Jan 23, 2025
Committee
REF. TO JOINT COMM. ON Finance, Revenue and Bonding
lower
0 primary · 0 co-sponsors

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