Bill Summary for S 134 (2025-2026)

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Summary date: 

Feb 21 2025

Bill Information:

View NCGA Bill Details2025-2026 Session
Senate Bill 134 (Public) Filed Friday, February 21, 2025
AN ACT TO SUPPLEMENT THE AVAILABILITY OF AFFORDABLE HOUSING BY ALLOWING LOCAL GOVERNMENTS TO PROVIDE FOR INCLUSIONARY ZONING AND TO APPROPRIATE FUNDS TO THE NORTH CAROLINA HOUSING FINANCE AGENCY FOR THE WORKFORCE HOUSING LOAN PROGRAM.
Intro. by Everitt, Bradley, Smith.

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Bill summary

Amends GS 160D-702 to allow local government zoning regulations to provide for inclusionary zoning in order to supplement the availability of affordable housing.

Appropriates $10 million in recurring funds for 2025-26 from the General Fund to the Housing Financing Agency for the Workforce Housing Loan Program.

Effective July 1, 2025.