Connecticut HB05368 mandates a study on deeply affordable housing, defined as housing priced at 30% or less of income for those earning 40% or less.
Connecticut HB05368 defines "deeply affordable housing" as housing priced at 30% or less of income for those earning 40% or less of the state median income. The Department of Housing is tasked with conducting a study on the availability of such housing, obstacles to its development, the potential effectiveness of a grant program to incentivize development, and recommendations for such a program. The study results must be reported to the joint standing committee of the General Assembly by January 1, 2027.
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