Contains whereas clauses.
Expands the scope of the conditions permitting Workforce Housing Loan Program’s (GS 122A-5.51(c)) loans made to a taxpayer with a cap of $2 million to include when the low-income housing development is within 4 miles of an industrial site certified under the Certified Sites Program, in addition to other condition listed in the statute. (Currently, loans with a cap of $2 million can only be made when the proposed housing development is in a low-income county.)
Appropriates $15 million in recurring funds from the General Fund to the Community Colleges Systems Office (Office) for each year of the 2023-2025 biennium to provide salary enhancements to community college apprenticeship instructions. Also appropriates $2 million in non-recurring funds for 2023-2024 fiscal year and $2 million in non-recurring funds for the 2024-2025 fiscal year to be used to develop and implement a cybersecurity apprenticeship program. Requires the Office to consult with the Department of Information Technology to develop the program.
Effective July 1, 2023.
Bill Summaries: H842 WORKFORCE DEVELOPMENT & HOUSING ACT.
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Bill H 842 (2023-2024)Summary date: Apr 24 2023 - View Summary