NC H245

Amends the low-income housing tax credit program to require the Qualified Allocation Plan to incentivize affordable housing development in rural communities and counties with higher poverty levels

Requires distance calculations between proposed housing sites and amenities (grocery stores, shopping centers, pharmacies) to use radius measurement rather than actual road driving distance

Grants favorable consideration to proposed sites within 10 miles of amenities when located in municipalities with populations under 10,000 people

Expands the definition of grocery amenities to include any stores that have grocery sections

Awards tax credits to the site in the higher poverty area when two proposed sites are tied under scoring criteria; effective October 1, 2025