Bill Summary for H 884 (2023-2024)
|View NCGA Bill Details||2023-2024 Session|
AN ACT TO APPROPRIATE FUNDS TO THE DEPARTMENT OF HEALTH AND HUMAN SERVICES TO ESTABLISH AND ADMINISTER A LANDLORD-TENANT ASSISTANCE PILOT PROGRAM.Intro. by Alston.
|View: All Summaries for Bill||Tracking:|
Appropriates $10 million in nonrecurring funds for fiscal year 2023-24 from the General Fund to the Department of Health and Human Services for a three year landlord-tenant assistance pilot program. Directs that 5% of funds will go toward administrative duties. Sets the mission of the program, stating that the program will provide funds to landlords for two years of renters' insurance and security deposit and the landlord will waive tenant credit checks. Sets the maximum assistance per unit at $5,000.
Requires renters' insurance funds be returned to the Department if the tenant is evicted in the first year of the pilot program under GS Chapter 42.
Limits landlord applications to be capped at 10% of the total units owned or available for rent each year. Limits eligibility of tenants to those with household incomes below 80% of the area median.
Directs the Department to submit an annual progress report of the program to the Joint Legislative Oversight Committee on Health and Human Services by December 31, and the final report by December 31, 2026.
Effective July 1 2023.