Title 8, Title 8: Zoning, Planning, Housing and Economic and Community Development

Sec. 8-259. State bonds. The State Bond Commission may authorize the issuance of bonds of the state in one or more series in accordance with section 3-20 and in principal amounts necessary to carry out the purposes of this chapter but not in excess of the aggregate amount of one …

Sec. 8-260. Reports to Governor and General Assembly. Audit. Within the first ninety days of each calendar year, the authority shall report on its operations for the preceding calendar year to the Governor. The authority shall make a report to the General Assembly on or before Ma…

Sec. 8-261. Pledge by state as to limitation or alteration of rights vested in authority. The state of Connecticut does hereby pledge to and agree with the holders of any obligations issued under this chapter, and with those parties who may enter into contracts with the authority…

Sec. 8-262. Interpretation of powers. The powers enumerated in this chapter shall be interpreted broadly to effectuate the purposes thereof and shall not be construed as a limitation of powers. (1969, P.A. 795, S. 22.)

Sec. 8-262a. Penalty for false statement. The Connecticut Housing Finance Authority may require any application or document submitted with respect to any program of, or program administered by, said authority to be signed under penalty of false statement as provided in section 53…

Sec. 8-263. Provisions controlling over inconsistent law. To the extent that the provisions of this chapter are inconsistent with the provisions of any general statute or special act or parts thereof, the provisions of this chapter shall be deemed controlling. (1969, P.A. 795, S.…

Secs. 8-264 and 8-265. Purchase of or loans on mortgages insured by state agencies. Bond issue. Sections 8-264 and 8-265 are repealed. (1971, P.A. 840, S. 4, 5; June, 1971, P.A. 1, S. 2, 3; 1972, P.A. 208, S. 14.)

Sec. 8-265a. Land of authority subject to local regulation. All land and improvements owned by the authority or in which the authority has an interest through a mortgage held or insured by it shall be subject to the planning, zoning, health and building laws, ordinances and regul…

Sec. 8-265b. Tax-exempt status of authority. Payment in lieu of taxes. The real and personal property of the authority, and its income and operations, shall be exempt from taxation by the state and any political subdivision thereof, except that the authority shall make payments i…

Sec. 8-265bb. Contract for state assistance to authority. (a) For purposes of this section “state assistance” means a payment by the state of actual debt service, comprised of principal, interest, interest rate swap payments, liquidity fees, letter of credit fees, trustee fees an…

Sec. 8-265c. Discrimination re housing financed by authority barred. The authority shall require that occupancy of all housing financed or otherwise assisted under this chapter be open to all persons regardless of race, creed, color, national origin or ancestry, sex, gender ident…

Sec. 8-265cc. Definitions. As used in this section and sections 8-265dd to 8-265kk, inclusive: (1) “Aggregate family income” means the total income of adult persons residing in the same household as the homeowner and any other adult resident of the household, from whatever source…

Sec. 8-265d. Mortgage assistance for households with incomes below eighty per cent of the area median income. Section 8-265d is repealed, effective October 1, 2002. (P.A. 90-257, S. 9, 17; P.A. 95-250, S. 1; P.A. 96-211, S. 1, 5, 6; S.A. 02-12, S. 1.)

Sec. 8-265dd. Emergency mortgage assistance payment program. Emergency lien assistance payments. Foreclosure of eligible mortgage. (a) Not later than January 1, 1994, the authority shall establish, within available funds, a program to provide emergency mortgage assistance payment…

Sec. 8-265e. Annual study of current market rent levels. Section 8-265e is repealed, effective July 1, 1995. (P.A. 90-257, S. 16, 17; P.A. 95-250, S. 41, 42; 95-309, S. 10–12.)

Sec. 8-265ee. Notice to homeowner of foreclosure. Meeting or conference with mortgagee or consumer credit counseling agency. (a) On and after July 1, 2008, a mortgagee who desires to foreclose upon a mortgage which satisfies the standards contained in subdivisions (1), (9), (10) …

Sec. 8-265f. Program for use of interest earned on real estate broker escrow or trust accounts for mortgage assistance. (a) A program for the use of interest earned on real estate broker escrow or trust accounts is hereby established. Each real estate broker having an escrow or t…

Sec. 8-265ff. Eligibility for emergency mortgage or lien assistance payments. Application for loan. Disclosure of assets by homeowner. Determination of eligibility by the authority. (a)(1) Any homeowner who is a mortgagor may apply for emergency mortgage assistance payments under…

Sec. 8-265g. Mortgage assistance for low or moderate income families or persons. (a) The Connecticut Housing Finance Authority, in consultation with the advisory panel established under section 8-265h, shall develop and administer a program of mortgage assistance to low or modera…

Sec. 8-265gg. Monthly payments by authority and homeowner. Periodic review of financial circumstances. Modification to amount of payment. Emergency lien assistance payments by authority. Foreclosure of lien. (a) If the authority approves a homeowner for mortgage assistance under …

Sec. 8-265h. Housing advisory panel. (a) An advisory panel shall be established to perform the functions described in subsection (b) of this section consisting of eight members to be selected as follows: Two members shall be appointed by the Governor, one of whom shall be an exec…

Sec. 8-265hh. Repayment agreement. (a) Upon approval of emergency mortgage or lien assistance payments, the authority shall enter into an agreement with the homeowner for repayment of all such assistance with any interest as provided in this section. The agreement shall provide f…

Sec. 8-265i. Reverse annuity mortgage program. (a) The Connecticut Housing Finance Authority shall implement a program under which reverse annuity mortgages may be issued to homeowners seventy years of age or older in need of long-term care to remain in their homes and to avoid e…

Sec. 8-265ii. Adoption of procedures. (a) The Connecticut Housing Finance Authority shall adopt procedures in accordance with section 1-121 to implement the provisions of sections 8-265cc to 8-265hh, inclusive. Such procedures shall include the establishment of a process for noti…

Sec. 8-265jj. Filing of notice of agreement to participate in program with the authority. Section 8-265jj is repealed, effective July 1, 2008. (P.A. 94-185, S. 8, 10; P.A. 08-176, S. 84.)

Sec. 8-265kk. Establishment of component program. Notification to participating homeowners of unavailability of funds. (a) If the authority determines that additional funding sources are necessary to provide emergency mortgage or lien assistance payments to homeowners in accordan…

Sec. 8-265ll. Pilot program of revolving loans to developers for rehabilitation of existing housing. (a) The Connecticut Housing Finance Authority, in conjunction with existing private lending programs and qualified lenders, shall develop a pilot program of revolving rehabilitati…

Sec. 8-265mm. Pilot program of home purchasing assistance for police officers. (a) For purposes of this section: (1) “Applicant” means a local or state police officer who applies for a loan under the home purchasing assistance program, established pursuant to subsection (b) of th…

Sec. 8-265nn. Pilot program for rehabilitation or refinancing of buildings with five to twenty-five dwelling units. (a) The Connecticut Housing Finance Authority shall develop, in conjunction with private lenders and the Federal National Mortgage Association, a two-year pilot pro…

Sec. 8-265o. Definitions. As used in this section and sections 8-265p to 8-265v, inclusive: (1) “Authority” means the Connecticut Housing Finance Authority as created under section 8-244; (2) “Mortgage” means a mortgage deed or other instrument which constitutes a first or second…

Sec. 8-265oo. Residential mortgage loan refinancing guarantee program. (a) As used in this section: (1) “Authority” means the Connecticut Housing Finance Authority as created under section 8-244; (2) “Mortgage” means a mortgage deed or other instrument that constitutes a first co…

Sec. 8-265p. Residential mortgage refinancing guarantee program. The authority shall establish, within the resources allocated by the State Bond Commission to the Department of Housing for the purposes of sections 8-265o to 8-265v, inclusive, a residential mortgage guarantee prog…

Sec. 8-265pp. Mortgage assistance program for certain teachers. The Connecticut Housing Finance Authority shall develop and administer a program of mortgage assistance to certified teachers (1) employed by priority school districts pursuant to section 10-266p, (2) employed by tra…

Sec. 8-265q. Mortgagee participation. (a) Mortgage loan guarantees issued by the authority under the provisions of sections 8-265o to 8-265v, inclusive, shall be in the form of a guarantee from the authority to an approved mortgagee. Mortgagees may participate in the program by e…

Sec. 8-265qq. Assessment increase deferred for rehabilitated properties. (a) The legislative body of any municipality or part thereof designated as a participating municipality by the Connecticut Housing Finance Authority, for purposes of the Urban Rehabilitation Homeownership Pr…

Sec. 8-265r. Eligibility of loans. No loan shall be eligible for a guarantee under the program established pursuant to sections 8-265o to 8-265v, inclusive, unless the authority determines that (1) the loan to be guaranteed is a refinancing of existing debt secured by one or more…

Sec. 8-265rr. Mortgage refinancing program for homeowners with adjustable rate mortgages. (a) As used in this section, “authority” means the Connecticut Housing Finance Authority created under section 8-244. (b) The authority is authorized to continue to develop and implement a p…

Sec. 8-265s. Amount of guarantee. Record of payments to honor guarantees. Notification to State Treasurer. (a) The maximum amount of any guarantee issued by the authority under the provisions of sections 8-265o to 8-265v, inclusive, shall be in an amount equal to the difference b…

Sec. 8-265ss. Homeowner's Equity Recovery Opportunity loan program. (a) As used in this section: (1) “Authority” means the Connecticut Housing Finance Authority created under section 8-244; (2) “Mortgage” means a mortgage deed or other instrument which constitutes a first or seco…

Sec. 8-265t. Points. Annual premium. The mortgagor, in consideration of the guarantee from the authority to the mortgagee, shall pay at the time of the closing of the loan being guaranteed an amount equal to two per cent of the amount of the guarantee. Such payment may be include…

Sec. 8-265tt. Definitions. As used in this section and sections 8-265uu to 8-265xx, inclusive: (1) “Association” means an association of unit owners, as defined in section 47-68a, or an association or unit owners' association, each as defined in section 47-202; (2) “Authority” me…

Sec. 8-265u. Termination of loan guarantee. The authority may terminate any loan guarantee if the mortgagee misrepresents any information pertaining to the guarantee or fails to comply with any term of the mortgage guarantee agreement in connection with the guarantee of the under…

Sec. 8-265uu. Supplemental collapsing foundation loan program. Claims. Financial institutions. Forms. Standards. Notices. (a) The authority shall administer a supplemental collapsing foundation loan program to guarantee the repayment of loans made by an eligible financial institu…

Sec. 8-265v. Written procedures. Not more than thirty days after June 9, 1993, the authority shall adopt written procedures in accordance with the provisions of section 1-121 to implement sections 8-265o to 8-265v, inclusive. (P.A. 93-308, S. 10, 12; 93-435, S. 94, 95.) History: …

Sec. 8-265vv. Loans. Each eligible financial institution that is participating in the program may make loans to an eligible borrower, provided: (1) The eligible borrower demonstrates to the satisfaction of the financial institution that the eligible borrower has a participation a…

Sec. 8-265w. Bond issue authorized. (a) For the purposes described in subsection (b) of this section, the State Bond Commission shall have the power, from time to time to authorize the issuance of bonds of the state in one or more series and in principal amounts not exceeding in …