General Assembly Raised Bill No. 5366 seeks to amend Section 8-30g of the general statutes to improve the framework for affordable housing developments in Connecticut. The bill introduces new definitions for terms such as "affordable housing development," "assisted housing," and "set-aside development," while also clarifying existing language by replacing "which" with "that" in several instances. Key provisions include the establishment of an affordability plan that must accompany affordable housing applications, detailing compliance responsibilities and marketing strategies. The bill sets maximum allowable housing costs for affordable units based on Section 8 fair market rent and prohibits stricter income requirements for tenants receiving governmental rental assistance. Additionally, it expands the appeal process for applicants whose affordable housing applications are denied or significantly restricted.

The legislation also introduces a point system for awarding credits to various housing developments based on the income levels of families occupying the units. Municipalities are given the option to purchase real property identified in affordable housing applications, with specific conditions and penalties for failure to develop the proposed units. The bill outlines a moratorium process for affordable housing applications, lasting four to five years, with exceptions for certain types of applications. Importantly, the bill does not include any deletions from current law but focuses on inserting new provisions to enhance affordable housing initiatives, with the new legal language set to take effect on October 1, 2026.