AN ACT CONCERNING DEEPLY AFFORDABLE HOUSING.

HB 5368 requires the Department of Housing to study deeply affordable housing availability in Connecticut. The bill defines "deeply affordable housing" as units rented or sold at 30% or less of a household's income (for households earning 40% or less of the state median income). The study must examine county-level availability, development barriers, and potential grant programs to incentivize such housing, with results due to the legislature by January 1, 2027. This bill does not create new housing or funding but mandates a report to inform future policy.