Connecticut Administrative Code

Regulations of Connecticut State AgenciesSec. 8-216b-4. Eligible activitiesAny developer undertaking a housing and community development project shall use any financial assistance received for one or more of the following activities: (1) Acquisition of real property for housing o…

Regulations of Connecticut State AgenciesSec. 8-216b-5. Application process(a) The Commissioner may solicit and/or accept applications from developers for financial assistance. (b) As part of the application and approval process, the developer shall be required to furnish the fol…

Regulations of Connecticut State AgenciesSec. 8-216b-6. Selection process(a) Applications shall be approved or disapproved by the Commissioner based on the factors listed in Sections 8-216b-3, -4, and -5 above, the availability of financial assistance and the following: (1) Any n…

Regulations of Connecticut State AgenciesSec. 8-216b-7. Contract for financial assistance(a) Following application approval, the Commissioner shall request that the State Bond Commission provide financial assistance in the form of a grant. (b) Following approval by the State Bond…

Regulations of Connecticut State AgenciesSec. 8-216b-8. Restrictions on the sale or use of property(a) Any real property acquired with the use of a grant under this program may be transferred for consideration which is less than cost or fair market value to: (1) a housing authori…

Regulations of Connecticut State AgenciesSec. 8-216b-9. Income limits(a) At least 51% (fifty-one percent) of all residents residing in a project under this program must be low and moderate income. (b) Income limits for low and moderate income residents shall not exceed 100% (one-…

Regulations of Connecticut State AgenciesSec. 8-218c-1. Definitions(a) \"Commissioner\" means the Commissioner of the Connecticut Department of Housing.(b) \"Department\" means the Connecticut Department of Housing.(c) \"Eligible Low and Moderate Income Persons\" means any person…

Regulations of Connecticut State AgenciesSec. 8-218c-13. DefinitionsThe following definitions apply to Sections 8-218c-13 through 8-218c-24 of the Regulations of Connecticut State Agencies: (a) \"Commissioner\" means the Commissioner of Housing.(b) \"Department\" means the Connec…

Regulations of Connecticut State AgenciesSec. 8-218c-14. Program description(a) The Community Housing Development Corporation Program has five components: predevelopment activities, large bedroom units, loan fund, accessibility modification, and adaptability conversion, which pro…

Regulations of Connecticut State AgenciesSec. 8-218c-15. Predevelopment activities(a) The Commissioner may provide financial assistance to developers, equal to the cost of predevelopment activities financed by a mortgage loan under any federal or state housing statute. (b) Eligib…

Regulations of Connecticut State AgenciesSec. 8-218c-16. Large bedroom units(a) The Commissioner may provide financial assistance to developers who have received financial assistance under Section 8-218c-15 of these regulations, for the development or rehabilitation of housing wh…

Regulations of Connecticut State AgenciesSec. 8-218c-17. Loan fund(a) The Commissioner may provide loans to eligible developers to establish and administer a loan fund from which eligible developers may make loans or deferred loans to eligible borrowers for the development and re…

Regulations of Connecticut State AgenciesSec. 8-218c-18. Accessibility modification(a) The Commissioner may provide financial assistance to community housing development corporations which in turn will assist eligible applicants for the purpose of making structural or interior or…

Regulations of Connecticut State AgenciesSec. 8-218c-18a. Adaptability conversion(a) The Commissioner may provide financial assistance to community housing development corporations which in turn will assist eligible applicants for the purpose of converting adaptable living units …

Regulations of Connecticut State AgenciesSec. 8-218c-19. Eligibility(a) A Community Housing Development Corporation must, in addition to the requirements in subsection (f) below: (1) Be in good standing with the Department;(2) Submit a statement, except for those corporations spe…

Regulations of Connecticut State AgenciesSec. 8-218c-2. EligibilityThe Commissioner shall, from time to time, receive applications from CHDC's for state assistance in the form of grants and loans for the purposes described in Sections 8-218a and 8-218b of the Connecticut General …

Regulations of Connecticut State AgenciesSec. 8-218c-20. Application process(a) The Commissioner may solicit and/or accept applications for financial assistance for housing developments from developers. (b) Applications shall be approved or disapproved by the Commissioner based o…

Regulations of Connecticut State AgenciesSec. 8-218c-21. Contract for financial assistance(a) Contract(s) shall include, but not be limited to: the amount of the financial assistance to be provided, the terms and conditions, the rights and obligations of the parties under the con…

Regulations of Connecticut State AgenciesSec. 8-218c-22. Prepayment(a) The developer shall, no later than one year prior to prepayment, provide written notice to the Commissioner, chief executive officer of the municipality in which such housing is located and to all tenants resi…

Regulations of Connecticut State AgenciesSec. 8-218c-23. Reporting and access to records(a) Developers shall maintain complete and accurate books and records in accordance with the latest procedures approved by the Commissioner. (b) Each developer shall furnish the Commissioner w…

Regulations of Connecticut State AgenciesSec. 8-218c-24. Fiscal compliance and examinationDevelopers receiving financial assistance shall be subject to examination of all books and records. Examinations shall be performed by independent public accountants registered to practice i…

Regulations of Connecticut State AgenciesSec. 8-218c-25—8-218c-29. Reserved AUTHORITY: Conn. Gen. Stat. § 8-218c

Regulations of Connecticut State AgenciesSec. 8-218c-3. Procedures(a) Use of fundsThe CHDCs shall use funds provided pursuant to Sections 8-218a and 8-218b to establish a fund from which loans, loan guarantees, or interest subsidies can be made which will assist in the constructi…

Regulations of Connecticut State AgenciesSec. 8-218c-30. DefinitionsThe following definitions apply to Sections 8-218c-30 through 8-218c-32 of the Regulations of Connecticut State Agencies: (a) \"Developers' Fee\" means a bonus earned by developers that have, as determined by the…

Regulations of Connecticut State AgenciesSec. 8-218c-31. Terms and conditions(a) A developers' fee shall be 10% of the project cost.(b) The developer's fee shall be paid based on the following: (1) Determine an annual developer's fee by dividing the total fee by the duration of t…

Regulations of Connecticut State AgenciesSec. 8-218c-32. ImplementationThe provisions of Section 8-68g-1, except as otherwise provided, shall govern the implementation of the Community Housing Development Corporations Program developers' fee. (Effective July 24, 1996) AUTHORITY: …

Regulations of Connecticut State AgenciesSec. 8-218c-4. Underwriting criteriaThe following requirements shall apply to all projects funded pursuant to these regulations:(a) Rental propertiesPrior to approving a loan, interest subsidy, or loan guarantee and recommending its approv…

Regulations of Connecticut State AgenciesSec. 8-218c-5. Eligible costs(a) Eligible costsThe CHDC may provide loans, loan guarantees and interest subsidies for the construction or rehabilitation of projects from available state and private resources. Eligible costs which may be in…

Regulations of Connecticut State AgenciesSec. 8-218c-6. Terms and conditions of rehabilitation loans(a) Interest ratesInterest rates shall be recommended by the CHDC to the Commissioner and should not be less than 5% unless the CHDC demonstrates that a lower rate is necessary to …

Regulations of Connecticut State AgenciesSec. 8-218c-7. Interest subsidies(a) ApplicationsThe CHDC may use the funds provided pursuant to Sections 8-218a and 8-218b to administer an interest subsidy program. Pursuant to an interest subsidy the CHDC may provide up to 50% of the to…

Regulations of Connecticut State AgenciesSec. 8-218c-8. Loan guarantees(a) ApplicationsThe CHDC may use the funds provided pursuant to Sections 8-218a and 8-218b to make loan guarantees on behalf of eligible borrowers for the purpose of insuring the repayment of interim and/or pe…

Regulations of Connecticut State AgenciesSec. 8-218c-9—8-218c-12. (Repealed) Repealed December 17, 1987. AUTHORITY: Conn. Gen. Stat. § 8-218c

Regulations of Connecticut State AgenciesSec. 8-219c-1. Definitions(a) \"Commissioner\" means the Commissioner of Housing.(b) \"Department\" means the Department of Housing.(c) \"Eligible Senior Citizen\" means a resident of the State of Connecticut who is 62 years of age or olde…

Regulations of Connecticut State AgenciesSec. 8-219c-2. Program description(a) The Commissioner may enter into a contract with any person who is sixty-two (62) years of age or older and whose income does not exceed the maximum qualifying income for eligibility for benefits under …

Regulations of Connecticut State AgenciesSec. 8-219c-3. EligibilityTo be eligible to participate in this program, an applicant shall;(a) Be a resident of the State of Connecticut;(b) Be sixty-two (62) years of age or older;(c) Have an income which does not exceed the maximum qual…

Regulations of Connecticut State AgenciesSec. 8-219c-4. Application(a) The Commissioner may solicit and/or accept applications for financial assistance from eligible senior citizens. (b) As part of the application and loan/grant approval process, the applicant shall be required t…

Regulations of Connecticut State AgenciesSec. 8-219c-5. Funding priorityFunding priority will be based on the following:(a) Availability of funds to perform the necessary repairs; and(b) Emergency nature of repairs; and(c) Date of receipt of applications.(Effective May 23, 1988) …

Regulations of Connecticut State AgenciesSec. 8-219c-6. Loan/grant qualificationsAll financial assistance shall be in the form of a loan, unless the applicant can supply evidence, to the satisfaction of the Commissioner, of the applicant's inability to repay the loan, in which ca…

Regulations of Connecticut State AgenciesSec. 8-219c-7. Contract for financial assistance(a) Following approval of the State Bond Commission pursuant to the provisions of Section 3-21 of the Connecticut General Statutes, the state, acting by and through the Commissioner, may ente…

Regulations of Connecticut State AgenciesSec. 8-219c-8. Income eligibilityFor the purpose of determining eligibility for this program, the applicant shall submit an approved \"Application for Tax Credits for Elderly Homeowners and Totally Disabled Persons\" for the most recent Gr…

Regulations of Connecticut State AgenciesSec. 8-219c-9. Compliance(a) The subject property may be inspected by the Commissioner or his representative before, during and after the emergency repairs and rehabilitation work is performed to ensure that the work undertaken with the gr…

Regulations of Connecticut State AgenciesSec. 8-219d-1. Definitions(a) \"Commissioner\" means the Commissioner of Housing.(b) \"Department\" means the Connecticut Department of Housing.(c) \"Elderly\" means persons sixty-two years of age and over who lack the amount of income whi…

Regulations of Connecticut State AgenciesSec. 8-219d-2. Program description(a) The Commissioner may enter into a contract with nonprofit corporations for financial assistance in the form of grants to assist such corporations with the costs of administrative expenses and technical…

Regulations of Connecticut State AgenciesSec. 8-219d-3. EligibilityA nonprofit corporation must:(a) Certify that it is recognized as a tax exempt organization by the federal government or the State of Connecticut; (b) Submit an endorsed certificate of incorporation certified by t…

Regulations of Connecticut State AgenciesSec. 8-219d-4. Application process(a) The Commissioner may solicit or accept applications for financial assistance from nonprofit corporations. (b) As part of the application and approval process, the nonprofit corporation shall be require…

Regulations of Connecticut State AgenciesSec. 8-219d-5. Contract for financial assistance(a) Following approval of an application by the Commissioner, the State, acting by and through the Commissioner, may enter into a contract with a nonprofit corporation for financial assistanc…

Regulations of Connecticut State AgenciesSec. 8-219d-6. Financial reporting and access to records(a) Each nonprofit corporation shall maintain complete and accurate books and records, insofar as they pertain to this program, and they shall be set up and maintained in accordance w…

Regulations of Connecticut State AgenciesSec. 8-219d-7. Fiscal compliance and examinationNonprofit corporations receiving financial assistance from this program shall be subject to examination of all books and records. Each nonprofit corporation receiving such financial assistanc…

Regulations of Connecticut State AgenciesSec. 8-219d-8. Repeal of sections 8-218c-9 through 8-218c-12Sections 8-218c-9 through 8-218c-12 of the Regulations of Connecticut State Agencies is repealed. (Effective December 17, 1987) AUTHORITY: Conn. Gen. Stat. § 8-219d

Regulations of Connecticut State AgenciesSec. 8-219e-1. DefinitionsThe following definitions apply to Sections 8-219e-1 to 8-219e-9 inclusive of the Regulations of Connecticut State Agencies: (a) \"Commissioner\" means the Commissioner of Housing.(b) \"Department\" means the Conn…