AN ACT CONCERNING A STUDY RELATING TO HOMEOWNERSHIP LOAN PROGRAMS IN THE STATE.

SB 1397 requires the Connecticut Housing Finance Authority (CHFA) to study the current status of homeownership loan programs in Connecticut. The CHFA must submit a report to the legislature by January 15, 2026, detailing findings on these programs. This bill does not create new programs or change existing laws; it only mandates a study. The study will inform future legislative decisions about homeownership lending, but the bill itself has no direct impact on homeowners or financial institutions.