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. SL 2021-44. Enacted June 17, 2021. Effective June 17, 2021.
Bill S 145 (2021)Summary date: Jun 17 2021 - More information
Bill S 145 (2021-2022)Summary date: Feb 24 2021 - More information
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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