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Section 8-241. - Short title: Connecticut Housing Finance Authority Act. - This chapter may be known and cited as the “Connecticut...
Section 8-242. - Declaration of policy. - It is found and declared that there exists in the...
Section 8-242a. - Establishment of subsidiaries by authority. - It is found and declared that the purposes of the...
Section 8-243. - Definitions. - The following terms shall have the following meanings unless the...
Section 8-244. - Connecticut Housing Finance Authority deemed a public instrumentality and political subdivision. Board membership. Subsidiaries. - (a) There is created a body politic and corporate to...
Section 8-244a. - Commissioner of Economic Development to be member of authority. - Section 8-244a is repealed. (P.A. 77-614, S. 587, 593, 610;...
Section 8-244b. - Establishment of State Housing Authority. - (a) The Connecticut Housing Finance Authority shall establish a subsidiary...
Section 8-244c. - State Housing Authority to be successor to Connecticut Housing Authority. - Upon the establishment of the State Housing Authority and the...
Section 8-244d. - Bonds, notes or other obligations. - All notes, bonds or other obligations issued by the Connecticut...
Section 8-244e. - Definitions. Additional powers and duties of Commissioner of Housing. - (a) As used in sections 8-244b to 8-244d, inclusive, and...
Section 8-245. - State personnel may be board members of authority. - Notwithstanding the provisions of any other law, no officer or...
Section 8-246. - Executive director. Appointment and duties. - The board of directors of the authority shall appoint an...
Section 8-247. - Bonds or equivalent insurance product of board members and executive director of authority. - Each member of the board of directors of the authority...
Section 8-248. - Perpetual succession of authority. - The authority shall have perpetual succession as constituted in section...
Section 8-249. - Quorum. Board action. Written procedures. - (a) The powers of the authority shall be vested in...
Section 8-250. - Purpose and powers of authority. - The purpose of the authority shall be to alleviate the...
Section 8-251. - Purchase, servicing and sale of mortgages or interests therein. Urban area mortgages. Loans for mobile manufactured homes. - (a) In order to provide additional construction and permanent financing...
Section 8-252. - Issuance of bonds by authority. - (a) The authority is authorized from time to time to...
Section 8-252a. - Issuance of bonds secured by payments and other revenues to be received by the state with respect to loans made by the state under bond-financed housing programs. - (a) The Connecticut Housing Finance Authority is authorized to issue...
Section 8-253. - Mortgage loans and insurance of mortgage payments. - (a) The authority may make mortgage loans or upon application...
Section 8-253a. - Additional loan conditions. - In addition to the terms and conditions set forth in...
Section 8-254. - Applications for mortgage insurance. - All applications for mortgage insurance shall be forwarded, together with...
Section 8-254a. - Tenant selection plans of mortgagors. - Prior to making a commitment for a mortgage loan or...
Section 8-255. - Mortgage insurance premiums. - The authority shall fix mortgage insurance premiums for the insurance...
Section 8-256. - Default by mortgagor and subsequent action. - (a) In the event of default by the mortgagor, the...
Section 8-257. - Mortgages insured by authority to be legal investments. Certificate of title required. - (a) Loans secured by mortgages the payments of which are...
Section 8-258. - Housing Mortgage Capital Reserve Fund, additional capital reserve funds, Housing Mortgage General Fund and Housing Mortgage Insurance Fund. - (a) The authority shall establish and maintain three funds: The...
Section 8-259. - State bonds. - The State Bond Commission may authorize the issuance of bonds...
Section 8-260. - Reports to Governor and General Assembly. Audit. - Within the first ninety days of each calendar year, the...
Section 8-261. - Pledge by state as to limitation or alteration of rights vested in authority. - The state of Connecticut does hereby pledge to and agree...
Section 8-262. - Interpretation of powers. - The powers enumerated in this chapter shall be interpreted broadly...
Section 8-262a. - Penalty for false statement. - The Connecticut Housing Finance Authority may require any application or...
Section 8-263. - Provisions controlling over inconsistent law. - To the extent that the provisions of this chapter are...
Section 8-264 and 8-265. - Purchase of or loans on mortgages insured by state agencies. Bond issue. - Sections 8-264 and 8-265 are repealed. (1971, P.A. 840, S....
Section 8-265a. - Land of authority subject to local regulation. - All land and improvements owned by the authority or in...
Section 8-265b. - Tax-exempt status of authority. Payment in lieu of taxes. - The real and personal property of the authority, and its...
Section 8-265bb. - Contract for state assistance to authority. - (a) For purposes of this section “state assistance” means a...
Section 8-265c. - *(See end of section for amended version and effective date.) Discrimination re housing financed by authority barred. - The authority shall require that occupancy of all housing financed...
Section 8-265cc. - Definitions. - As used in this section and sections 8-265dd to 8-265kk,...
Section 8-265d. - Mortgage assistance for households with incomes below eighty per cent of the area median income. - Section 8-265d is repealed, effective October 1, 2002. (P.A. 90-257,...
Section 8-265dd. - Emergency mortgage assistance payment program. Emergency lien assistance payments. Foreclosure of eligible mortgage. - (a) Not later than January 1, 1994, the authority shall...
Section 8-265e. - Annual study of current market rent levels. - Section 8-265e is repealed, effective July 1, 1995. (P.A. 90-257,...
Section 8-265ee. - Notice to homeowner of foreclosure. Meeting or conference with mortgagee or consumer credit counseling agency. - (a) On and after July 1, 2008, a mortgagee who...
Section 8-265f. - Program for use of interest earned on real estate broker escrow or trust accounts for mortgage assistance. - (a) A program for the use of interest earned on...
Section 8-265ff. - Eligibility for emergency mortgage or lien assistance payments. Application for loan. Disclosure of assets by homeowner. Determination of eligibility by the authority. - (a)(1) Any homeowner who is a mortgagor may apply for...
Section 8-265g. - Mortgage assistance for low or moderate income families or persons. - (a) The Connecticut Housing Finance Authority, in consultation with the...
Section 8-265gg. - Monthly payments by authority and homeowner. Periodic review of financial circumstances. Modification to amount of payment. Emergency lien assistance payments by authority. Foreclosure of lien. - (a) If the authority approves a homeowner for mortgage assistance...
Section 8-265h. - Housing advisory panel. - (a) An advisory panel shall be established to perform the...
Section 8-265hh. - Repayment agreement. - (a) Upon approval of emergency mortgage or lien assistance payments,...
Section 8-265i. - Reverse annuity mortgage program. - (a) The Connecticut Housing Finance Authority shall implement a program...
Section 8-265ii. - Adoption of procedures. - The Connecticut Housing Finance Authority shall adopt procedures in accordance...
Section 8-265jj. - Filing of notice of agreement to participate in program with the authority. - Section 8-265jj is repealed, effective July 1, 2008. (P.A. 94-185,...
Section 8-265kk. - Establishment of component program. Notification to participating homeowners of unavailability of funds. - (a) If the authority determines that additional funding sources are...
Section 8-265ll. - Pilot program of revolving loans to developers for rehabilitation of existing housing. - (a) The Connecticut Housing Finance Authority, in conjunction with existing...
Section 8-265mm. - Pilot program of home purchasing assistance for police officers. - (a) For purposes of this section: (1) “Applicant” means a...
Section 8-265nn. - Pilot program for rehabilitation or refinancing of buildings with five to twenty-five dwelling units. - (a) The Connecticut Housing Finance Authority shall develop, in conjunction...
Section 8-265o. - Definitions. - As used in this section and sections 8-265p to 8-265v,...
Section 8-265oo. - Residential mortgage loan refinancing guarantee program. - (a) As used in this section: (1) “Authority” means the...
Section 8-265p. - Residential mortgage refinancing guarantee program. - The authority shall establish, within the resources allocated by the...
Section 8-265pp. - Mortgage assistance program for certain teachers. - The Connecticut Housing Finance Authority shall develop and administer a...
Section 8-265q. - Mortgagee participation. - (a) Mortgage loan guarantees issued by the authority under the...
Section 8-265qq. - Assessment increase deferred for rehabilitated properties. - (a) The legislative body of any municipality or part thereof...
Section 8-265r. - Eligibility of loans. - No loan shall be eligible for a guarantee under the...
Section 8-265rr. - Mortgage refinancing program for homeowners with adjustable rate mortgages. - (a) As used in this section, “authority” means the Connecticut...
Section 8-265s. - Amount of guarantee. Record of payments to honor guarantees. Notification to State Treasurer. - (a) The maximum amount of any guarantee issued by the...
Section 8-265ss. - Homeowner's Equity Recovery Opportunity loan program. - (a) As used in this section: (1) “Authority” means the...
Section 8-265t. - Points. Annual premium. - The mortgagor, in consideration of the guarantee from the authority...
Section 8-265tt. - Definitions. - As used in this section and sections 8-265uu to 8-265xx,...
Section 8-265u. - Termination of loan guarantee. - The authority may terminate any loan guarantee if the mortgagee...
Section 8-265uu. - Supplemental collapsing foundation loan program. Claims. Financial institutions. Forms. Standards. Notices. - (a) The authority shall administer a supplemental collapsing foundation loan...
Section 8-265v. - Written procedures. - Not more than thirty days after June 9, 1993, the...
Section 8-265vv. - Loans. - Each eligible financial institution that is participating in the program...
Section 8-265w. - Bond issue authorized. - (a) For the purposes described in subsection (b) of this...
Section 8-265ww. - Claims by eligible financial institutions. Assignment of guaranteed loans to state. Recordkeeping. Termination of loan guarantees. Maximum amount of claims. - (a) An eligible financial institution that has made a good...
Section 8-265xx. - Memorandum of understanding. - The Comptroller, the authority and the department may enter into...