House committee substitute to the 1st edition makes the following changes. 

Deletes the proposed changes to Section 2.1 of SL 1965-559, which granted the Windsor Township Development Commission (Commission) the authority to acquire and hold title to real and personal property, and to borrow money and incur debt, for public purposes. Instead, authorizes Bertie County (County) to contract with any person, partnership, corporation, or other business entity to construct, provide, or maintain affordable rental housing on property owned by the County, and authorizes the County to enter into contracts to manage, lease, and maintain rental housing units constructed, or enter into residential housing unit lease agreements for housing units owned, by the County (previously authorized the County to enter into leases, management agreements, or similar arrangements with the Commission for the County to manage, lease, and maintain these rental housing units). Adds to the rental restrictions, requiring the County to limit the rental of these units to exclusively Bertie County Public Schools teachers and employees (previously did not specify exclusively), unless units cannot be filled by school employees, in which case units are to be rented to employees of Bertie County, the Town of Windsor, and State employees residing in Bertie County during the period of time any teacher or employee is employed by the State or local government (previously did not specify a qualifying period). Deems the County Board of Commissioners to have the authority to set reasonable rents for the units and allows the Board to charge below-market rates in its discretion. Adds that the housing units constructed, provided, maintained, or leased under the act are not exempt from applicable building codes, zoning ordinances, or any other health and safety statutes, rules, or regulations (previously only specified rental units constructed or leased pursuant to the act were subject to these laws, rules, and regulations).

Changes the act's long title.