Sets out whereas clauses.

Appropriates $100 million in recurring funds from the General Fund to the NC Housing Trust Fund for 2022-23 to increase funding for affordable housing programs in the state. Effective July 1, 2022.

Establishes the Manufactured Home Park Acquisition Fund (Fund) as a nonreverting special fund in the NC Housing Finance Agency (Agency). Appropriates $25 million for 2022-23 from the General Fund to the Fund to be used by the Agency to provide grants to nonprofits, public housing authorities, and manufactured dwelling park nonprofit cooperatives to purchase manufactured home parks to provide affordable housing. Effective July 1, 2022.

Amends GS Chapter 41A, the State Fair Housing Act, as follows. Prohibits discriminatory housing practices based on a person's source of income. Defines source of income to mean any lawful source of money paid directly, indirectly, or on behalf of a renter or buyer of real property, including the following: (1) income derived from any lawful profession or occupation or (2) income or rental payments derived from a grant, loan program, the State or federal government or any local governmental unit, including the HOPE program or a Section 8 voucher, or financial assistance from a private source, including a nonprofit or other nongovernmental entity. Makes conforming changes. Effective October 1, 2022.

Amends GS 105-228.30 by adding an excise tax on instruments conveying an interest in real property to another person of $1.50 on each $500 or fractional part thereof of the consideration or value of the interest for qualified investment conveyances. Defines a qualified investment conveyance as a conveyance of an interest in real property to a business entity that will use the property primarily for rental as a residence by one or more individuals. Requires a transferee to pay one-third of the tax on a qualified investment conveyance to the register of deeds before recording the instrument. Requires the Department of Revenue to credit two-thirds of the excise tax on qualified investment conveyances to the Office of State Budget and Management for deposit into the North Carolina Housing Trust Fund. Effective October 1, 2022.