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NC H294

Bill

Status

Introduced

3/7/2023

Primary Sponsor

Vernetta Alston

Click for details

Origin

House of Representatives

2023-2024 Session

AI Summary

  • Establishes the North Carolina Housing Choice Grant administered by the Department of Commerce to award annual grants to eligible counties and municipalities for local water, sewer, or transportation infrastructure projects.

  • Counties with populations of 100,000 or less must designate at least 5 zoning districts where multifamily housing is permitted; counties with populations over 100,000 must designate at least 10 such districts and meet at least 4 of 7 additional criteria (including minimum density of 15 units per acre, no age restrictions, no parking minimums, setback waivers, accessory dwelling units, permissive building heights, and allowing residential development in non-residential zones).

  • Grants are capped at $1,000,000 per recipient and awarded to jurisdictions that have produced significant housing units through designated multifamily zoning; if demand exceeds available funds, grants are distributed on a per capita basis and unawarded funds carry forward.

  • Each eligible county or municipality may receive only one grant award every five years, with applications due by April 1 each year.

  • Appropriates $30,000,000 in recurring General Fund dollars for the 2024-2025 fiscal year; act becomes effective July 1, 2023.

Legislative Description

NC Housing Choice Incentive

Appropriations; Budgeting; Commerce; Commerce Dept.; Counties; Housing; Local Government; Municipalities; Public

Last Action

Re-ref to the Com on Commerce, if favorable, Appropriations, if favorable, Rules, Calendar, and Operations of the House

3/21/2023

Committee Referrals

Commerce3/21/2023
Appropriations3/8/2023

Full Bill Text

No bill text available