Section 8-337 and 8-338. – Security deposit loans; regulations; report. Connecticut Security Deposit Revolving Loan Fund.
Sections 8-337 and 8-338 are repealed. (P.A. 84-510, S. 2, 3, 5; P.A. 86-107, S. 3, 19; P.A. 90-238, S. 22, 32; P.A. 91-346, S. 8, 9.)
Section 8-339. (Formerly Sec. 17b-802). – Security deposit guarantee program.
(a) The Commissioner of Housing shall establish, within available appropriations, and administer a security deposit guarantee program for persons who (1) (A) are recipients of temporary family assistance, aid under the state supplement program, or state-administered general assistance, or (B) have a documented showing of financial need, and (2) (A) are residing in emergency shelters […]
Section 8-310. – Appointment of trustee to represent holders of bonds or notes in event of default.
(a) In the event that bonds or notes are issued without appointment of a trustee under a trust indenture, then, in the event that the municipality defaults in the payment of principal of or interest on any issue of notes or bonds after the same shall become due, whether at maturity or upon call for […]
Section 8-440. – Definition of residential building.
For purposes of sections 7-374b, sections 8-441 to 8-444, inclusive, sections 12-701, 29-265f and 38a-91vv, and sections 8-265tt to 8-265xx, inclusive, “residential building” means (1) a single-family or multifamily residential dwelling, including, but not limited to, (A) a residential unit in a condominium, as such terms are defined or used in section 47-68a, or (B) […]
Section 8-311. – Bonds and notes issued under this chapter are securities for investment purposes.
The notes and bonds issued pursuant to this chapter are hereby made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks and savings associations, including savings and […]
Section 8-441. – Crumbling Foundations Assistance Fund. Department of Housing application for receipt and administration of federal funds.
(a) There is established an account to be known as the “Crumbling Foundations Assistance Fund” which shall be a separate, nonlapsing account within the General Fund. The account shall contain any moneys required by law to be deposited in the account and any voluntary contributions. Moneys in the account shall be made available to incorporate […]
Section 8-312. – Bonds and notes under this chapter free from state or municipal taxes except estate and gift taxes.
It is hereby determined that the purposes of this chapter are public purposes and that the municipalities will be performing an essential governmental function in the exercise of the powers conferred upon them by this chapter. The state covenants with the purchasers and all subsequent holders and transferees of notes and bonds issued by the […]
Section 8-442. – Establishment of Collapsing Foundations Credit Enhancements Program. Connecticut Housing Finance Authority to publish plain language summary of program.
(a) For the purposes of this section: (1) “Eligible borrower” means the owner of a residential building; (2) “Participating lender” means a depository bank or credit union that participates in the Collapsing Foundations Credit Enhancements Program established pursuant to this section; and (3) “Qualifying loan” means any loan provided to an eligible borrower for the […]
Section 8-313. – State pledge not to prevent municipalities from fulfilling agreements with holders of bonds and notes.
The state does hereby pledge to and agree with the holders of any notes or bonds that the state will not limit or alter the rights hereby vested in the municipality to fulfill the terms of any agreements made with said holder thereof, or in any way impair the rights and remedies of such holders […]
Section 8-443. – Municipal joint borrowing to pay for cost of project to abate deleterious condition re certain concrete foundations. Municipal agreement with captive insurance company to provide financial assistance to owners of certain residential buildings with concrete foundations.
(a) Two or more municipalities may, subject to the provisions of section 10a-185 and chapter 187 and the approval of the legislative body of each such municipality, jointly borrow from any source for the purpose of paying for all or part of the cost of any project entered into jointly to abate a deleterious condition […]