View Our Newest Version Here

2005 Connecticut Code - Sec. 8-434. Inclusion in housing developments of units for very low, low, and moderate income families and market-rate housing units.

      Sec. 8-434. Inclusion in housing developments of units for very low, low, and moderate income families and market-rate housing units. Housing developments that receive financial assistance pursuant to section 8-433, to the extent determined by the commissioner to be feasible, in the best interest of the state and consistent with the state's programmatic intent, may contain a minimum number of units for very low, low, and moderate income families, including those at or below twenty-five per cent of the area median income. Upon approval of the commissioner pursuant to subsection (d) of section 8-433, such housing developments may include market-rate housing units. Housing developments that receive financial assistance pursuant to said section 8-433 may include any combination of rental units, quasi-ownership units and ownership units, as approved by the commissioner.

      (P.A. 93-309, S. 5, 29.)

      History: P.A. 93-309 effective July 1, 1993.

Disclaimer: These codes may not be the most recent version. Connecticut may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.