CONNECTICUT STATUTES AND CODES
Sec. 32-1m. Annual report re activities of Department of Economic and Community Development.
Sec. 32-1m. Annual report re activities of Department of Economic and
Community Development. (a) Not later than February 1, 2006, and annually thereafter,
the Commissioner of Economic and Community Development shall submit a report to
the Governor and the General Assembly, in accordance with the provisions of section
11-4a. Not later than thirty days after submission of the report to the Governor and
the General Assembly, said commissioner shall post the report on the Department of
Economic and Community Development's web site. Said report shall include, but not
be limited to, the following information with regard to the activities of the Department
of Economic and Community Development during the preceding state fiscal year:
(1) A brief description and assessment of the state's economy during such year,
utilizing the most recent and reasonably available data, and including:
(A) Connecticut employment by industry;
(B) Connecticut and national average unemployment;
(C) Connecticut gross state product, by industry;
(D) Connecticut productivity, by industry, compared to the national average;
(E) Connecticut manufacturing activity;
(F) Identification of economic and competitive conditions affecting Connecticut's
industry sectors, problems resulting from these conditions and state efforts to address
the problems; and
(G) Any other economic information that the commissioner deems appropriate.
(2) A statement of the department's economic and community development objectives, measures of program success and standards for granting financial and nonfinancial
assistance under programs administered by the department.
(3) An analysis of the economic development portfolio of the department, including:
(A) A list of the names, addresses and locations of all recipients of the department's
assistance;
(B) The following information concerning each recipient of such assistance: (i)
Business activities, (ii) standard industrial classification codes or North American industrial classification codes, (iii) number of full-time jobs and part-time jobs at the time of
application, (iv) number of actual full-time jobs and actual part-time jobs during the
preceding state fiscal year, (v) whether the recipient is a minority or woman-owned
business, (vi) a summary of the terms and conditions for the assistance, including the
type and amount of state financial assistance, job creation or retention requirements and
anticipated wage rates, (vii) the amount of investments from private and other nonstate
sources that have been leveraged by the assistance, (viii) the extent to which employees
of the recipient participate in health benefit plans offered by such recipient, (ix) the extent
to which the recipient offers unique economic, social, cultural or aesthetic attributes to
the municipality in which the recipient is located or to the state, and (x) the amount of
state investment;
(C) A portfolio analysis, including (i) an analysis of the wages paid by recipients
of financial assistance, (ii) the average portfolio wage, median portfolio wage, highest
and lowest portfolio wage, (iii) portfolio wage data by industry, and (iv) portfolio wage
data by municipality;
(D) An investment analysis, including (i) total portfolio value, (ii) total investment
by industry, (iii) portfolio dollar per job average, (iv) portfolio leverage ratio, and (v)
percentage of financial assistance which was provided to high performance work organizations in the preceding state fiscal year; and
(E) An analysis of the estimated economic effects of the department's economic
development investments on the state's economy, including (i) contribution to gross
state product for the total economic development portfolio and for any investment activity occurring in the preceding state fiscal year, (ii) direct and indirect employment created by the investments for the total portfolio and for any investment activity occurring
in the preceding state fiscal year, (iii) productivity of recipients of financial assistance
as a result of the department's investment occurring in the preceding state fiscal year,
(iv) directly or indirectly increased property values in the municipalities in which the
recipients of assistance are located, and (v) personal income.
(4) An analysis of the community development portfolio of the department, including:
(A) A list of the names, addresses and locations of all recipients of the department's
assistance;
(B) The following information concerning each recipient of such assistance: (i)
Amount of state investment, (ii) a summary of the terms and conditions for the department's assistance, including the type and amount of state financial assistance, and (iii)
the amount of investments from private and other nonstate sources that have been leveraged by such assistance;
(C) An investment analysis, including (i) total active portfolio value, (ii) total investments made in the preceding state fiscal year, (iii) total portfolio by municipality, (iv)
total investments made in the preceding state fiscal year categorized by municipality,
(v) total portfolio leverage ratio, and (vi) leverage ratio of the total investments made
in the preceding state fiscal year; and
(D) An analysis of the estimated economic effects of the department's economic
development investments on the state's economy, including (i) contribution to gross
state product for the total portfolio and for any investment activity occurring in the
preceding state fiscal year, (ii) direct and indirect employment created by the investments
for the total portfolio and for any investment activity occurring in the preceding state
fiscal year, (iii) productivity of recipients of financial assistance as a result of the department's investment occurring in the preceding state fiscal year, (iv) directly or indirectly
increased property values in the municipalities in which the recipients are located, and
(v) personal income.
(5) A summary of the department's economic and community development marketing efforts in the preceding state fiscal year, a summary of the department's business
recruitment strategies and activities in such year, and a summary of the department's
efforts to assist small businesses and minority business enterprises in such year.
(6) A summary of the department's international trade efforts in the preceding state
fiscal year, and, to the extent possible, a summary of foreign direct investment that
occurred in the state in such year.
(7) Identification of existing economic clusters, the formation of new economic
clusters, the measures taken by the commissioner during the preceding state fiscal year
to encourage the growth of economic clusters and the amount of bond funds expended
by the department during the previous fiscal year on each economic cluster.
(8) (A) A summary of the department's brownfield-related efforts and activities
within the Office of Brownfield Remediation and Development established pursuant to
subsections (a) to (f), inclusive, of section 32-9cc in the preceding state fiscal year,
except for activity under the Special Contaminated Property Remediation and Insurance
Fund program. Such efforts shall include, but not be limited to, (i) total portfolio investment in brownfield remediation projects, (ii) total investment in brownfield remediation
projects in the preceding state fiscal year, (iii) total number of brownfield remediation
projects, (iv) total number of brownfield remediation projects in the preceding state
fiscal year, (v) total of reclaimed and remediated acreage, (vi) total of reclaimed and
remediated acreage in the preceding state fiscal year, (vii) leverage ratio for the total
portfolio investment in brownfield remediation projects, and (viii) leverage ratio for the
total portfolio investment in brownfield remediation projects in the preceding state fiscal
year. Such summary shall include a list of such brownfield remediation projects and,
for each such project, the name of the developer and the location by street address and
municipality and a tracking of all funds administered through or by said office;
(B) A summary of the department's efforts with regard to the Special Contaminated
Property Remediation and Insurance Fund, including, but not limited to, (i) the number
of applications received in the preceding state fiscal year, (ii) the number and amounts
of loans made in such year, (iii) the names of the applicants for such loans, (iv) the
average time period between submission of application and the decision to grant or deny
the loan, (v) a list of the applications approved and the applications denied and the
reasons for such denials, and (vi) for each project, the location by street address and
municipality; and
(C) A summary of the department's efforts with regard to the dry cleaning grant
program, established pursuant to section 12-263m, including, but not limited to, (i)
information as to the number of applications received, (ii) the number and amounts of
grants made since the inception of the program, (iii) the names of the applicants, (iv)
the time period between submission of application and the decision to grant or deny the
loan, (v) which applications were approved and which applications were denied and the
reasons for any denials, and (vi) a recommendation as to whether the surcharge and
grant program established pursuant to section 12-263m should continue.
(9) The following information concerning enterprise zones designated under section 32-70:
(A) A statement of the current goals for enterprise zones;
(B) A statement of the current performance standards to measure the progress of
municipalities that have enterprise zones in attaining the goals for such zones;
(C) A report from each municipality that has an enterprise zone, which evaluates
the progress of the municipality in meeting the performance standards established under
section 32-70a; and
(D) An assessment of the performance of each enterprise zone based on information
collected under subparagraph (C) of this subdivision.
(10) With regard to the department's housing-development-related functions and
activities:
(A) A brief description and assessment of the state's housing market during the
preceding state fiscal year, utilizing the most recent and reasonably available data, and
including, but not limited to, (i) a brief description of the significant characteristics of
such market, including supply, demand and condition and cost of housing, and (ii) any
other information that the commissioner deems appropriate;
(B) A comprehensive assessment of current and future needs for rental assistance
under section 8-119kk for housing projects for the elderly and disabled, in consultation
with the Connecticut Housing Finance Authority;
(C) An analysis of the progress of the public and private sectors toward meeting
housing needs in the state, using building permit data from the United States Census
Bureau and demolition data from Connecticut municipalities;
(D) A list of municipalities that meet the affordable housing criteria set forth in
subsection (k) of section 8-30g, pursuant to regulations that the Commissioner of Economic and Community Development shall adopt pursuant to the provisions of chapter
54. For the purpose of determining the percentage required by subsection (k) of said
section 8-30g, the commissioner shall use as the denominator the number of dwelling
units in the municipality, as reported in the most recent United States decennial census; and
(E) A statement of the department's housing development objectives, measures of
program success and standards for granting financial and nonfinancial assistance under
programs administered by said commissioner.
(11) A presentation of the state-funded housing development portfolio of the department, including:
(A) A list of the names, addresses and locations of all recipients of such assistance; and
(B) For each such recipient, (i) a summary of the terms and conditions for the assistance, including the type and amount of state financial assistance, (ii) the amount of
investments from private and other nonstate sources that have been leveraged by the
assistance, (iii) the number of new units to be created and the number of units to be
preserved at the time of the application, and (iv) the number of actual new units created
and number of units preserved.
(12) An analysis of the state-funded housing development portfolio of the department, including:
(A) An investment analysis, including the (i) total active portfolio value, (ii) total
investment made in the preceding state fiscal year, (iii) portfolio dollar per new unit
created, (iv) estimated dollars per new unit created for projects receiving an assistance
award in the preceding state fiscal year, (v) portfolio dollars per unit preserved, (vi)
estimated dollar per unit preserved for projects receiving an assistance award in the
preceding state fiscal year, (vii) portfolio leverage ratio, and (viii) leverage ratio for
housing development investments made in the preceding state fiscal year; and
(B) A production and preservation analysis, including (i) the total number of units
created, itemized by municipality, for the total portfolio and projects receiving an assistance award in the preceding state fiscal year, (ii) the total number of elderly units created
for the total portfolio and for projects receiving an assistance award in the preceding
state fiscal year, (iii) the total number of family units created for the total portfolio and
for projects receiving an assistance award in the preceding state fiscal year, (iv) the total
number of units preserved, itemized by municipality, for the total portfolio and projects
receiving an assistance award in the preceding state fiscal year, (v) the total number of
elderly units preserved for the total portfolio and for projects receiving an assistance
award in the preceding state fiscal year, (vi) the total number of family units preserved
for the total portfolio and for projects receiving an assistance award in the preceding state
fiscal year, (vii) an analysis by income group of households served by the department's
housing construction, substantial rehabilitation, purchase and rental assistance programs, for each housing development, if applicable, and for each program, including
number of households served under each program by race and data for all households,
and (viii) a summary of the department's efforts in promoting fair housing choice and
racial and economic integration, including data on the racial composition of the occupants and persons on the waiting list of each housing project that is assisted under any
housing program established by the general statutes or a special act or that is supervised
by the department, provided no information shall be required to be disclosed by any
occupant or person on a waiting list for the preparation of such summary. As used in this
subparagraph, "elderly units" means dwelling units for which occupancy is restricted by
age, and "family units" means dwelling units for which occupancy is not restricted
by age.
(13) An economic impact analysis of the department's housing development efforts
and activities, including, but not limited to:
(A) The contribution of such efforts and activities to the gross state product;
(B) The direct and indirect employment created by the investments for the total
housing development portfolio and for any investment activity for such portfolio occurring in the preceding state fiscal year; and
(C) Personal income in the state.
(14) With regard to the Housing Trust Fund and Housing Trust Fund program, as
those terms are defined in section 8-336m:
(A) Activities for the prior fiscal year of the Housing Trust Fund and the Housing
Trust Fund program; and
(B) The efforts of the department to obtain private support for the Housing Trust
Fund and the Housing Trust Fund program.
(15) With regard to the department's energy conservation loan program:
(A) The number of loans or deferred loans made during the preceding fiscal year
under each component of such program and the total amount of the loans or deferred
loans made during such fiscal year under each such component;
(B) A description of each step of the loan or deferred loan application and review
process;
(C) The location of each loan or deferred loan application intake site for such
program;
(D) The average time period for the processing of loan or deferred loan applications
during such fiscal year; and
(E) The total administrative expenses of such program for such fiscal year.
(16) A summary of the total social and economic impact of the department's efforts
and activities in the areas of economic, community and housing development, and an
assessment of the department's performance in terms of meeting its stated goals and
objectives.
(b) Any annual report that is required from the department by any provision of
the general statutes shall be incorporated into the annual report provided pursuant to
subsection (a) of this section.
(P.A. 05-191, S. 1; P.A. 06-184, S. 2; 06-196, S. 265; P.A. 07-171, S. 1.)
History: P.A. 06-184 amended Subdiv. (8) by making a technical change and adding reference to Office of Brownfield
Remediation and Development and summary requirement re "tracking of all funds administered through or by said office"
and made technical changes in Subdiv. (12)(B), effective July 1, 2006; P.A. 06-196 made technical changes in Subdiv.
(12)(B), effective June 7, 2006; P.A. 07-171 designated existing provisions as Subsec. (a), amended Subsec. (a) by deleting
"at application" in Subdiv. (3)(B)(iv), requiring notice of amount of bond funds expended in Subdiv. (7), adding Subdiv.
(8)(C) re information on dry cleaning grant program, adding new Subdiv. (10)(B) re assessment of rental assistance needs,
adding new Subdiv. (14) re Housing Trust Fund and making technical changes, and added Subsec. (b) re inclusion of all
required department reports in annual report.