Connecticut Bill to Ease HTC Restrictions Narrowed to Fewer Towns

Tuesday, April 2, 2019 - 2:30pm

Legislation in Connecticut that would allow easier redevelopment of historic buildings–including those in opportunity zones (OZs)–has been narrowed. H.B. 6552 would give qualifying towns authority to determine what is historic and how to protect historic buildings. As introduced, the legislation included all distressed cities in the state, but a revamped version of the bill limits the coverage to OZs in a distressed town with a population of 30,000 or less that has been distressed at least a decade. The structure must also be vacant for at least 10 years.