Semiannual report re funds obtained by Department of Housing pursuant to bond authorizations. Information on Internet web site of Connecticut Housing Finance Authority re programs

(a) Not later than September 1, 2025, and every six months thereafter, the Department of Housing, in consultation with the Connecticut Housing Finance Authority, shall submit a report, in accordance with the provisions of section 11-4a, to the joint standing committees of the General Assembly having cognizance of matters relating to housing and finance, revenue and bonding. Such report shall include for the prior fiscal year, and the prior six months, the following information regarding funds obtained by the department pursuant to bond authorizations in section 8-336n, sections 8 to 10, inclusive, and sections 27 to 29, inclusive, of public act 23-205*, or any similar public act: (1) The program known as “Build for CT” and any other program administered by the department to address affordable housing, supportive housing, homelessness or workforce development housing for which the department used funds obtained pursuant to said bond authorizations, and the amount from each authorization provided to each such program. The information included pursuant to the provisions of this subdivision need not include information regarding the programs known as “Time to Own” and “Down Payment Assistance”; (2) A description of the department's programs that address affordable housing, supportive housing, homelessness and workforce development housing; (3) For each use of funds under each program described in subdivision (1) of this subsection, a list of the number of projects that are approved, underway and completed, itemized by municipality; and (4) For the programs known as “Time to Own” and “Down Payment Assistance”, the number of applications received for each such program, the number of loans granted under each such program, the number of denied applications and aggregate information regarding the reasons for denial for each such program. (b) The Connecticut Housing Finance Authority shall maintain information on its Internet web site regarding the programs known as “Time to Own” and “Down Payment Assistance”. Such information shall include, but need not be limited to, the race, ethnicity, income and property location for the borrowers under each such program.