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HB 6347 Connecticut House · 2025 Regular Session

AN ACT ESTABLISHING A DOWN PAYMENT ASSISTANCE PROGRAM AND APPROPRIATING FUNDS FOR SUCH PROGRAM.

HB 6347 establishes a down payment assistance program for low-to-moderate income homebuyers in Southeastern Connecticut. Administered by the Southeastern Connecticut Community Land Trust, the program helps cover down payments for home purchases through this specific trust. The bill appropriates $300,000 from the General Fund for the fiscal year ending June 30, 2026, to fund the initiative. It directly affects first-time homebuyers seeking to purchase properties via the Community Land Trust.
Issues: ✓ Budget & TaxesSupports Budget & TaxesAppropriates $300,000 from General Fund to fund down payment assistance for low-income homebuyers, directly advancing state budget allocation for housing programs.95% confidence ✓ HousingSupports HousingBill creates down payment assistance for low-to-moderate income homebuyers via Community Land Trust, directly funding affordable housing access with $300k appropriation.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 Housing
lower
0 primary · 0 co-sponsors

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