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NC S791
Bill
Status
5/25/2022
Primary Sponsor
Sarah Crawford
Click for details
AI Summary
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Amends G.S. 160D-702 to authorize local governments to adopt inclusionary zoning regulations as a method to supplement affordable housing availability.
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Inclusionary zoning regulations may require affordable housing units in new developments and operate under the same requirements and limitations as existing provisions in G.S. 160D-804 and G.S. 160D-804.1.
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Appropriates $10,000,000 in recurring funds from the General Fund to the North Carolina Housing Finance Agency for the 2022-2023 fiscal year for the Workforce Housing Loan Program under G.S. 122A-5.15.
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Becomes effective July 1, 2022.
Legislative Description
Inclusionary Zoning/Workforce Housing Funds
Appropriations
Last Action
Ref to Appropriations/Base Budget. If fav, re-ref to Rules and Operations of the Senate
5/26/2022