House committee substitute makes the following changes to the 1st edition.

Changes the act's long title.

Modifies the proposed authorization to now authorize the City of Winston-Salem (city) to convey city-owned real property (was, to sell real property) for the purpose of increasing the supply of affordable housing for low- and moderate-income persons. Makes conforming changes to more specifically refer to city-owned real property throughout the authorization. Adds a new qualification to the authorization to prohibit the city from conveying property acquired by the exercise of eminent domain. Makes technical changes to further modify the proposed language, permitting the conveying deed to contain a restriction providing that the city-owned property reverts to the municipality if it ceases to be used for the stated purpose prior to the expiration of the time period for such use required by the governing body. Establishes that the required resolution authorizing the appropriate municipal official to make a conveyance must be posted on the municipality's website at least 10 calendar days prior to the date the conveyance is executed by the appropriate municipal official (was, prior to the date the sale is finalized).