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NC H294
Bill
Status
3/7/2023
Primary Sponsor
Vernetta Alston
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AI Summary
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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.
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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).
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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.
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Each eligible county or municipality may receive only one grant award every five years, with applications due by April 1 each year.
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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