Sec. 8-336q. Regulations. Housing Trust Fund Program Advisory Committee. Terms and conditions.
Sec. 8-336q. Regulations. Housing Trust Fund Program Advisory Committee.
Terms and conditions. (a) The commissioner, in consultation with the Treasurer, the
Secretary of the Office of Policy and Management and the Connecticut Housing Finance
Authority and after consideration of the recommendations of the committee established
by subsection (b) of this section, shall establish regulations and criteria for rating various
proposals for funds under the Housing Trust Fund program. The regulations shall be
adopted pursuant to chapter 54 and posted on the department's web site.
(b) There shall be a Housing Trust Fund Program Advisory Committee. Said committee shall meet at least semiannually and shall advise the commissioner on (1) the
administration, management and objectives of the Housing Trust Fund program; and
(2) the development of regulations, procedures and rating criteria for the program. The
committee shall be appointed by the commissioner, in consultation with the Treasurer
and the secretary and shall include the chairpersons and ranking members of the joint
standing committee of the General Assembly having cognizance of matters relating to
planning and development, and the select committee of the General Assembly having
cognizance of matters relating to housing and representatives from each of the following:
(A) The nonprofit housing development community; (B) the for-profit housing development community; (C) a housing authority; (D) a community development financial
institution; (E) the Connecticut Housing Finance Authority; (F) a state-wide housing
organization; (G) an elected or appointed official of a municipality with a population
of less than fifty thousand; (H) an elected or appointed official of a municipality with a
population between fifty thousand and one hundred thousand; (I) an elected or appointed
official of a municipality with a population in excess of one hundred thousand; and (J)
the employers of the state, which may be satisfied by the appointment of a representative
from a state business and industry association or regional chambers of commerce.
(c) The commissioner may adopt regulations, in accordance with the provisions of
chapter 54, to carry out the provisions of sections 8-336m to 8-336q, inclusive.
(d) The commissioner may request, inspect and audit reports, books and records
and any other financial or project-related information with respect to eligible applicants
that receive financial assistance, including, without limitation, resident or employment
information, financial and operating statements and audits. The commissioner may investigate the accuracy and completeness of such reports, books and records.
(e) Whenever financial assistance is provided pursuant to section 8-336p, the commissioner may take all reasonable steps and exercise all available remedies necessary
or desirable to protect the obligations or interests of the state, including, but not limited
to, amending any term or condition of a contract or agreement, provided such amendment
is allowed or agreed to pursuant to such contract or agreement, or purchasing or redeeming, pursuant to foreclosure proceedings, bankruptcy proceedings or in other judicial proceedings, any property on which such commissioner or the department holds a
mortgage or other lien, or in which the commissioner or the department has an interest.
(June Sp. Sess. P.A. 05-5, S. 22.)
History: June Sp. Sess. P.A. 05-5 effective July 1, 2005.