Loading chat...
NC H1043
Bill
Status
Introduced
5/25/2022
Primary Sponsor
Terence Everitt
Click for details
AI Summary
- Amends G.S. 160D-702 to authorize local governments to adopt inclusionary zoning regulations to supplement affordable housing availability.
- Inclusionary zoning regulations may include requirements for street and utility rights-of-way dedication, recreational space and facilities, and performance guarantees under the same terms as G.S. 160D-804 and G.S. 160D-804.1.
- Appropriates $10,000,000 in recurring funds from the General Fund to the North Carolina Housing Finance Agency for the 2022-2023 fiscal year to support the Workforce Housing Loan Program established under G.S. 122A-5.15.
- Becomes effective July 1, 2022.
Legislative Description
Inclusionary Zoning/Workforce Housing Funds
Appropriations
Last Action
Ref To Com On Rules, Calendar, and Operations of the House
5/26/2022
Committee Referrals
Rules, Calendar, and Operations of the House5/26/2022
Full Bill Text
No bill text available