2005 Connecticut Code - Sec. 8-219e. Financial assistance for the abatement of lead-based paint and asbestos. Regulations.
Sec. 8-219e. Financial assistance for the abatement of lead-based paint and
asbestos. Regulations. (a) The state, acting by and in the discretion of the Commissioner
of Economic and Community Development, may enter into a contract with an eligible
developer, as defined in section 8-39, a community housing development corporation,
as defined in section 8-217, or any other person approved by the commissioner for state
financial assistance in the form of a grant-in-aid, loan or deferred loan for technical
assistance and the abatement of lead-based paint, asbestos and asbestos-containing material from a residential dwelling unit. In the case of a deferred loan, the contract shall
require that payments on interest are due and payable but that payments on principal
may be deferred to a time certain. Such grant-in-aid, loan or deferred loan or combination
thereof shall not exceed the cost of such abatement, including expenses incurred in
obtaining technical assistance for such abatement, and shall be awarded upon such terms
and conditions as the commissioner may prescribe by regulations adopted pursuant to
subsection (b).
(P.A. 87-541, S. 1-3; P.A. 92-166, S. 20, 31; May Sp. Sess. P.A. 94-2, S. 6, 203; P.A. 95-22, S. 1, 2; 95-250, S. 1; P.A. 96-211, S. 1, 5, 6; P.A. 97-173, S. 2.)
History: P.A. 92-166 amended Subsec. (a) to make deferred loans a form of financial assistance available under the section and providing that payments on interest are due immediately but that payments on principal may be made at a later time and amended Subsec. (b) to make technical changes consistent with the changes in Subsec. (a); May Sp. Sess. P.A. 94-2 expanded financial assistance to include a grant-in-aid, effective July 1, 1994; P.A. 95-22 amended Subsec. (a) to provide financial assistance for abatement rather than removal and made technical changes in Subsec. (b), effective May 8, 1995; P.A. 95-250 and P.A. 96-211 replaced Commissioner and Department of Housing with Commissioner and Department of Economic and Community Development; P.A. 97-173 amended Subsec. (a) to provide that payments on interest are due and payable rather than due immediately and that payments on principal may be deferred to a time certain rather than made at a later time, and to change the amount of financial assistance available under the program from two-thirds to the entire cost of abatement.
Cited. 31 CA 359, 362.