Affordable Housing, Announcements, Community Development, State News, Supportive Housing

Housing Provisions Passed During Special Session

 

During the special session on June 12th the General Assembly passed a number of items beneficial to housing. These measures were included in HB 6001: An Act Implementing Provisions of the State Budget for the Fiscal Year Beginning July 1, 2012 and included the following:

  • HB 6001 established a Department of Housing (DOH) responsible for all housing matters and it established an Interagency Council on Affordable Housing to advise and assist the DOH Commissioner, of which the Partnership for Communities will be a part.
  • Additionally, the bill gives the Office of Policy and Management (OPM) more flexibility in awarded grants to municipalities that create Incentive Housing Zones (IHZ) under the HOMEConnecticut program; OPM will be able to award a grant up to $50,000 instead of $2,000 for each housing unit that can be built in a designated area.
  • It also eases the application process to quality for the Emergency Mortgage Assistance Program (EMAP). 
  • Another item included in the bill is a requirement for the DECD Commissioner, within  existing DECD, resources, to establish a pilot program in one or more distressed municipalities to foster revitalization and stabilization by investing in one to four family homes with an emphasis on owner occupancy.
  • Also included in the bill is an expanded number of entities that can administer the Dept of Social Services’ Security Deposit Guarantee Program which allows local or regional nonprofit corporations or social service organizations to help.

Included in SB 501 - An Act Implementing Certain Provisions Concerning Government Administration is a provision that allows the OPM secretary to enter into an outcome-based performance contract with a social innovation investment enterprise for the purpose of accepting specified federal funding.  This would provide a tool for social innovation financing opportunities. 

 
 

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