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NC H250
Bill
Status
Introduced
3/9/2021
Primary Sponsor
Evelyn Terry
Click for details
AI Summary
- City of Winston-Salem may convey city-owned real property with or without payment to increase affordable housing supply for low- and moderate-income persons.
- Properties acquired through eminent domain cannot be conveyed under this authority.
- Deeds may include restrictions requiring property to revert to the city if it ceases being used for affordable housing within a specified time period set by the city.
- City must adopt a resolution at a regular or special meeting authorizing the conveyance and post the resolution on the municipality's website at least 10 calendar days before execution.
- This authorization applies only to the City of Winston-Salem and is effective upon becoming law.
Legislative Description
Winston-Salem/Real Property Conveyances
Counties
Last Action
Re-ref Com On Rules, Calendar, and Operations of the House
4/22/2021
Committee Referrals
Rules, Calendar, and Operations of the House4/22/2021
Local Government3/10/2021
Full Bill Text
No bill text available