North Carolina - Session 2025
Title: Affordable Housing in Rural Areas.
Modifies GS 14-433.9, governing allocation formulas by the NC Federal Tax Reform Allocation Committee (Committee), as follows. Directs that the Committee and any designee agency in administering the low-income housing credit program’s Qualified Allocation Plan (the Plan) can only adopt and administer the Plan if it incentivizes the development and availability of affordable housing in rural communities and counties with higher poverty levels. Sets forth the following four criteria for the Committee or its designee to use when determining how to allocate tax credits under the Plan:
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| Date | Event | Detail |
|---|---|---|
| 2025-02-27 | Introduced | Bill introduced |
| 2025-03-03 | Status | in_committee |
| 2025-03-03 | Latest Action | Ref to the Com on Housing and Development, if favorable, Judiciary 1, if favorable, Rules, Calendar, and Operations of the House |
| Bill | Title | Status |
|---|---|---|
| HJR 1016 | Amend Adjournment Resolution. | in_committee |
| SB 449 | Continuing Budget Operations Part IV. | enacted |
| SB 245 | Expand Remote Drivers License Services. | enacted |
| HB 268 | Additional Capital Appropriations. | in_committee |
| HB 389 | Continuing Budget Operations Part III. | in_committee |
| HB 125 | Continuing Budget Operations. | enacted |
| HB 305 | Guilford County Sales Tax Distribution Mods. | enacted |
| HB 549 | Clarify Powers of State Auditor. | enacted |