H.B. 1208
GENERAL ASSEMBLY OF NORTH CAROLINA
May 26, 2020
SESSION 2019 HOUSE PRINCIPAL CLERK
H D
HOUSE BILL DRH30583-MQa-166
Short Title: Funding for Workforce Housing Loan Program. (Public)
Sponsors: Representative Lambeth.
Referred to:
1 A BILL TO BE ENTITLED
2 AN ACT TO PROVIDE FUNDING FOR THE WORKFORCE HOUSING LOAN PROGRAM
3 ADMINISTERED BY THE NORTH CAROLINA HOUSING FINANCE AGENCY.
4 The General Assembly of North Carolina enacts:
5 SECTION 1. There is appropriated from the General Fund to the North Carolina
6 Housing Trust Fund the sum of twenty million dollars ($20,000,000) in nonrecurring funds for
7 the 2020-2021 fiscal year to be used for the Workforce Housing Loan Program in accordance
8 with G.S. 122A-5.15. Funds appropriated in this section shall be fully allocated during the 2020
9 housing credit award cycle.
10 SECTION 2. This act becomes effective July 1, 2020.
*DRH30583-MQa-166*