The proposed bill, General Assembly Proposed Bill No. 6125, aims to amend subsection (k) of section 8-30g of the general statutes to expand the criteria for properties considered in the calculation of the ten-percent threshold for the affordable housing appeals procedure exemption. Specifically, the bill seeks to include properties that are not deed restricted but can be purchased by individuals or families whose income is at or below eighty percent of the median income, taking into account the prevailing interest rates and appraised property values from the previous grand list year.

This legislative change is intended to enhance the accessibility of affordable housing by recognizing additional properties that meet certain income criteria, thereby potentially increasing the number of properties that qualify for the exemption under the affordable housing appeals procedure. The bill does not propose any deletions from current law but introduces new language to broaden the scope of properties eligible for consideration in the affordable housing framework.