Planning and Development Committee

JOINT FAVORABLE REPORT

Bill No.:

SB-495

Title:

AN ACT CONCERNING THE PUBLIC HOUSING PILOT PROGRAM AND THE LOW AND MODERATE INCOME HOUSING TAX ABATEMENT.

Vote Date:

3/10/2008

Vote Action:

Joint Favorable Substitute

PH Date:

3/3/2008

File No.:

SPONSORS OF BILL:

Connecticut General Assembly Joint Committee on Planning and Development

REASONS FOR BILL:

Individuals on fixed incomes are experiencing significant increases in housing costs as a result of the removal of payments in lieu of taxes to support public housing.

The substitute language removes the forty-year tax abatement limit and allows the application of PILOT to successor owners of revitalized moderate rental housing developments.

RESPONSE FROM ADMINISTRATION/AGENCY:

No response was provided.

NATURE AND SOURCES OF SUPPORT:

Legal Assistance Resource Center of Connecticut, Incorporated (Raphael L. Podolsky)

Supports the bill, citing the benefit of retroactive relief and suggesting funding for both years of the biennium.

Connecticut Association of Not-for-Profit Providers for the Aging (Mag Morelli, President)

Supports the bill, specifically the restoration of “the $1.7 million in funding for the Tax Abatement Grant program for nonprofit-sponsored affordable housing that was eliminated in last year's budget.”

Hartford, Connecticut (Eddie A. Perez, Mayor)

Supports the bill, suggesting that the burden of removed PILOT payments will translate into a “significant cost of living increase on hundreds of fixed income individuals.”

NATURE AND SOURCES OF OPPOSITION:

National Association of Housing and Redevelopment Officials (Connecticut Chapter) (Anthony J. Vasiliou, Chairman, Housing and Legislative Committees)

Opposes the bill, suggesting that it would interfere with the contractual relationship between public housing authorities and municipalities.

Reported by: Benedict R. Daigle, Clerk

Date: March 10, 2008