AN ACT TO DIRECT CERTAIN MUNICIPALITIES TO REPORT TO THE GENERAL ASSEMBLY ON LOCAL GOVERNMENT FUNDING, SUBSIDIES, AND ACTIVITIES RELATED TO AFFORDABLE HOUSING. SL 2019-144. Enacted July 19, 2019. Effective July 19, 2019.
Summary date: Jul 22 2019 - View summary
Summary date: May 2 2019 - View summary
Senate amendment to the 2nd edition makes the following changes. Adds that affordable housing is defined as housing affordable for a household with income of up to 80% of area median income and moderate income housing is defined as housing affordable for a household with income that is greater than 80% but not more than 120% of area median income.
Summary date: Apr 30 2019 - View summary
Senate committee substitute to the 1st edition makes the following changes. Amends the recipients of the report from municipalities with a population of at least 90,000 so that it goes to the Joint Legislative Oversight Committee on General Government instead of the Joint Legislative Committee on Local Government.
Summary date: Mar 20 2019 - View summary
Establishes a new reporting requirement for municipalities with a population of at least 90,000 according to the Office of State Budget and Management's July 1, 2016, Standard Population Estimates, to be submitted to the specified NCGA Committee and Division on or before October 1, 2019. Requires the report to: include the amount of affordable housing units currently in use in the municipality that are subsidized by local government revenue or tax credits or that have local government oversight; detail the strategies the municipalities are employing to limit the cost of privately developed housing; and include the extent the municipalities are engaged in the 12 activities specified in the act, including the rezoning of densities necessary to assure the production of moderate income housing, allowing for housing in commercial or mixed-use zones, and allowing for single-room occupancy developments.