Bill Summary for H 1208 (2019-2020)

Summary date: 

May 26 2020

Bill Information:

View NCGA Bill Details2019-2020 Session
House Bill 1208 (Public) Filed Tuesday, May 26, 2020
AN ACT TO PROVIDE FUNDING FOR THE WORKFORCE HOUSING LOAN PROGRAM ADMINISTERED BY THE NORTH CAROLINA HOUSING FINANCE AGENCY.
Intro. by Lambeth.

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Bill summary

Appropriate $20 million in nonrecurring funds for 2020-21 from the General Fund to the North Carolina Housing Trust Fund for the Workforce Housing Loan Program. Requires the funds to be fully allocated during the 2020 housing credit award cycle. Effective July 1, 2020.

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