Substitute for Raised H.B. No. 5337
Session Year 2024


AN ACT CONCERNING AFFORDABLE HOUSING DEVELOPMENT PRACTICES.

To (1) require a surety bond from any developer who submits an affordable housing application to a zoning commission, and (2) allow a municipality to award funds from a tax increment district master plan fund for improvements to certain affordable housing if pursuant to an agreement with the owner to renew the affordable deed covenants or restrictions concerning such affordable housing.


Other Bills with Similar Topics

  Affordable housing 

 

  Bonds 

  Housing development 

  Municipalities