Bill Summary for H 1118 (2025-2026)

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Bill: WORKFORCE HOUSING LOAN RENEWAL ACT.

Summary date: 

Apr 29 2026

Bill Information:

View NCGA Bill Details2025-2026 Session
House Bill 1118 (Public) Filed Wednesday, April 29, 2026
AN ACT TO APPROPRIATE RECURRING FUNDS TO THE WORKFORCE HOUSING LOAN PROGRAM.
Intro. by Chesser, Schietzelt, Willingham, Buansi.

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Bill summary

Appropriates $35 million in recurring funds from the General Fund to the Housing Finance Agency beginning in 2026-27 as title indicates.

Effective July 1, 2026.