Appropriates $4 million from the General Fund to the Lake Norman Community Development Corporation to be used as title indicates. Provides that the corporation may use up to 15 percent of these funds for administrative costs.
Effective July 1, 2026.
APPROPRIATION TO THE LAKE NORMAN CDC.
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| View NCGA Bill Details | 2025-2026 Session |
AN ACT TO APPROPRIATE FUNDS TO THE LAKE NORMAN COMMUNITY DEVELOPMENT CORPORATION FOR THE SMITHVILLE REVITALIZATION PLAN AND AFFORDABLE HOUSING.Intro. by Helfrich.
Status: Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House (House action) (May 4 2026)
H 1137
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Bill H 1137 (2025-2026)Summary date: Apr 29 2026 - View Summary
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