OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http://www.cga.ct.gov/ofa

sSB-156

AN ACT CONCERNING THE DATA COLLECTION AND ANALYSIS OF AFFORDABLE HOUSING.

OFA Fiscal Note

State Impact:

Agency Affected

Fund-Effect

FY 17 $

FY 18 $

Department of Housing

GF - Cost

150,000

150,000

Connecticut Housing Finance Authority (CHFA)

CHFA Funds- Cost

30,000

30,000

Note: GF=General Fund; Various=Various

Municipal Impact: None

Explanation

The bill results in an annual cost of $150,000 to the Department of Housing (DOH) and $30,000 to the Connecticut Housing Finance Authority (CHFA), a quasi-public state agency, to collect and analyze necessary data required in the annual fair housing report.

The bill requires DOH to assess geographic targets and achievements under those targets within the report with regards to fair housing. The bill also requires the report to analyze the progress of targets in affirmative fair housing market plans over multi-year periods. Both DOH and CHFA, as the two housing agencies for the state, would be required to analyze information currently collected under existing law to achieve this requirement. DOH and CHFA currently do not produce such analyses and therefore would require consulting services to complete these requirements.

Municipalities will be required to provide additional information pertaining to housing needs, other than what is currently provided to the agency, including assessments needs by income. It is anticipated municipalities will be able to do so without additional staff or resources.

The Out Years

The annualized ongoing fiscal impact identified above would continue into the future subject to inflation.