AN ACT CONCERNING THE AFFORDABILITY TERM OF SET-ASIDE DEVELOPMENTS.


General Assembly		*Proposed Bill No. 5060*
*January Session, 2013*		LCO No. 242

Referred to Committee on HOUSING
Introduced by:
REP. LAVIELLE, 143rd Dist.

AN ACT CONCERNING THE AFFORDABILITY TERM OF SET-ASIDE DEVELOPMENTS.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That section 8-30g of the general statutes be amended to require affordable housing units in set-aside developments to remain affordable in perpetuity.

Statement of Purpose:

To require affordable units in set-aside developments to remain affordable in perpetuity rather than allowing deed restrictions to sunset after forty years. .