WINSTON-SALEM/REAL PROPERTY CONVEYANCES.

View NCGA Bill Details2021
House Bill 250 (Local) Filed Tuesday, March 9, 2021
AN ACT AUTHORIZING THE CITY OF WINSTON-SALEM TO CONVEY CITY-OWNED REAL PROPERTY FOR THE PURPOSE OF INCREASING THE SUPPLY OF AFFORDABLE HOUSING FOR LOW- AND MODERATE-INCOME PERSONS.
Intro. by Terry.

Status: Re-ref Com On Rules, Calendar, and Operations of the House (House action) (Apr 22 2021)
H 250

Bill Summaries:

  • Summary date: Mar 9 2021 - More information

    Identical to S 145, filed 2/24/21.

    Authorizes the City of Winston-Salem to convey city-owned real property for the purpose of increasing the supply of affordable housing for low- and moderate-income persons, excluding property acquired through eminent domain. Allows use restrictions on the conveying deed consistent with the stated purpose for a specified period, with reversion to the city if the property ceases to be used for the stated purpose. Requires an authorizing resolution to be adopted by the governing board at a regular or special meeting prior to conveyance, with ten days' notice of the adopted resolution posted on the City's website prior to execution. 


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