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.