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NC H994

Bill

Status

Introduced

4/10/2025

Primary Sponsor

Zack Forde-Hawkins

Click for details

Origin

House of Representatives

2025-2026 Session

AI Summary

  • Appropriates $20.3 million in nonrecurring funds to the National Institute of Minority Economic Development for fiscal year 2025-2026
  • Allocates $10 million for long-term residential housing recovery for western North Carolina residents whose homes were damaged by Hurricane Helene
  • Provides $5 million to Community Development Corporations and communities without CDCs to expand economic development services
  • Dedicates $5 million to the Institute Capital (I-CAP) institution for funding activities statewide and $300,000 for three women's business centers in western NC, the Triad, and Piedmont regions
  • Appropriates $1 million in recurring funds for ongoing housing recovery, federal disaster-recovery match funding, and technical assistance statewide, effective July 1, 2025

Legislative Description

Western NC Support; Expand Comm. Eco. Dev

Appropriations

Last Action

Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House

4/14/2025

Committee Referrals

Appropriations4/14/2025

Full Bill Text

No bill text available