NC S736

Increases the NC Housing Finance Agency's bond authorization from $12 billion to $18 billion and appropriates $50 million annually to the Housing Trust Fund, with a 30% tax credit (capped at $20 million/year) for donations to affordable housing construction

Requires local governments to allow accessory dwelling units by right on single-family lots and mandates 30-day administrative review timelines for qualifying affordable housing development applications

Creates first-time homebuyer savings account tax deductions (up to $15,000/year), appropriates $10 million annually for community land trusts, and establishes a 30% tax credit for rural affordable rental housing construction

Allocates $150 million for hurricane recovery, including $100 million for emergency housing response and $50 million for voluntary buyouts of repeatedly flooded homes at up to 110% pre-disaster value

Appropriates $50 million annually for construction workforce development programs, $35 million annually for homeless housing with wraparound services, and $30 million annually for emergency rental assistance