Upon the establishment of the State Housing Authority and the filing of the certificate of incorporation therefor with the Secretary of the State, the SHA shall constitute the successor to the Connecticut Housing Authority. The terms of the present members of the board of directors of the Connecticut Housing Authority shall expire upon the appointment of a board of directors pursuant to section 8-244b, and upon such expiration, all functions, powers and duties now vested in the Connecticut Housing Authority or the board of directors thereof shall be deemed to be transferred to and assumed by the SHA and the board of directors thereof. Each director of the SHA shall serve for a term as shall be determined by the board of directors of the Connecticut Housing Finance Authority.
(P.A. 95-250, S. 5, 42; 95-309, S. 11, 12.)
History: P.A. 95-309 changed effective date of P.A. 95-250 but did not affect this section.
See Sec. 32-1k for definitions.
Structure Connecticut General Statutes
Title 8 - Zoning, Planning, Housing and Economic and Community Development
Chapter 134 - Connecticut Housing Finance Authority Act
Section 8-241. - Short title: Connecticut Housing Finance Authority Act.
Section 8-242. - Declaration of policy.
Section 8-242a. - Establishment of subsidiaries by authority.
Section 8-244a. - Commissioner of Economic Development to be member of authority.
Section 8-244b. - Establishment of State Housing Authority.
Section 8-244c. - State Housing Authority to be successor to Connecticut Housing Authority.
Section 8-244d. - Bonds, notes or other obligations.
Section 8-244e. - Definitions. Additional powers and duties of Commissioner of Housing.
Section 8-245. - State personnel may be board members of authority.
Section 8-246. - Executive director. Appointment and duties.
Section 8-248. - Perpetual succession of authority.
Section 8-249. - Quorum. Board action. Written procedures.
Section 8-250. - Purpose and powers of authority.
Section 8-252. - Issuance of bonds by authority.
Section 8-253. - Mortgage loans and insurance of mortgage payments.
Section 8-253a. - Additional loan conditions.
Section 8-254. - Applications for mortgage insurance.
Section 8-254a. - Tenant selection plans of mortgagors.
Section 8-255. - Mortgage insurance premiums.
Section 8-256. - Default by mortgagor and subsequent action.
Section 8-260. - Reports to Governor and General Assembly. Audit.
Section 8-261. - Pledge by state as to limitation or alteration of rights vested in authority.
Section 8-262. - Interpretation of powers.
Section 8-262a. - Penalty for false statement.
Section 8-263. - Provisions controlling over inconsistent law.
Section 8-264 and 8-265. - Purchase of or loans on mortgages insured by state agencies. Bond issue.
Section 8-265a. - Land of authority subject to local regulation.
Section 8-265b. - Tax-exempt status of authority. Payment in lieu of taxes.
Section 8-265bb. - Contract for state assistance to authority.
Section 8-265cc. - Definitions.
Section 8-265e. - Annual study of current market rent levels.
Section 8-265g. - Mortgage assistance for low or moderate income families or persons.
Section 8-265h. - Housing advisory panel.
Section 8-265hh. - Repayment agreement.
Section 8-265i. - Reverse annuity mortgage program.
Section 8-265ii. - Adoption of procedures.
Section 8-265jj. - Filing of notice of agreement to participate in program with the authority.
Section 8-265mm. - Pilot program of home purchasing assistance for police officers.
Section 8-265o. - Definitions.
Section 8-265oo. - Residential mortgage loan refinancing guarantee program.
Section 8-265p. - Residential mortgage refinancing guarantee program.
Section 8-265pp. - Mortgage assistance program for certain teachers.
Section 8-265q. - Mortgagee participation.
Section 8-265qq. - Assessment increase deferred for rehabilitated properties.
Section 8-265r. - Eligibility of loans.
Section 8-265rr. - Mortgage refinancing program for homeowners with adjustable rate mortgages.
Section 8-265ss. - Homeowner's Equity Recovery Opportunity loan program.
Section 8-265t. - Points. Annual premium.
Section 8-265tt. - Definitions.
Section 8-265u. - Termination of loan guarantee.
Section 8-265v. - Written procedures.