Amends GS 160D-702 to allow local government zoning regulations to provide for inclusionary zoning in order to supplement the availability of affordable housing.
Appropriates $10 million in recurring funds for 2025-26 from the General Fund to the Housing Financing Agency for the Workforce Housing Loan Program.
Effective July 1, 2025.
INCLUSIONARY ZONING/WORKFORCE HOUSING FUNDS.
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| View NCGA Bill Details(link is external) | 2025-2026 Session |
AN ACT TO SUPPLEMENT THE AVAILABILITY OF AFFORDABLE HOUSING BY ALLOWING LOCAL GOVERNMENTS TO PROVIDE FOR INCLUSIONARY ZONING AND TO APPROPRIATE FUNDS TO THE NORTH CAROLINA HOUSING FINANCE AGENCY FOR THE WORKFORCE HOUSING LOAN PROGRAM.Intro. by Everitt, Bradley, Smith.
Status: Re-ref Com On Appropriations/Base Budget (Senate action) (Feb 24 2025)
Bill History:
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Fri, 21 Feb 2025 Senate: Filed(link is external)
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Mon, 24 Feb 2025 Senate: Passed 1st Reading(link is external)
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Mon, 24 Feb 2025 Senate: Withdrawn From Com(link is external)
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Mon, 24 Feb 2025 Senate: Re-ref Com On Appropriations/Base Budget(link is external)
S 134
Bill Summaries:
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Bill S 134 (2025-2026)Summary date: Feb 21 2025 - View Summary
View: All Summaries for Bill