Bill Summary for H 98 (2021-2022)

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Summary date: 

Feb 16 2021

Bill Information:

View NCGA Bill Details2021
House Bill 98 (Public) Filed Tuesday, February 16, 2021
AN ACT TO PROVIDE FUNDING TO THE HOUSING FINANCE AGENCY FOR A GRANT TO A NONPROFIT TO ASSIST CERTAIN HOMEOWNERS IMPACTED BY HURRICANES MATTHEW, FLORENCE, AND MICHAEL.
Intro. by Lucas, Richardson.

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Bill summary

Appropriates $1.5 million in nonrecurring funds for 2021-22 from the General Fund to the North Carolina Housing Finance Agency, to be used as a grant to Kingdom Community Development Corporation for the completion of construction on 28 subdivision units, six single-family homes, and eight townhomes in Balsawood Village for families affected by Hurricanes Matthew, Florence, and Michael. Effective July 1, 2021.