A BILL TO BE ENTITLED
AN ACT TO create the north carolina home protection PILOT program and loan fund in order to ASSIST north carolina workers WHO HAVE LOST JOBS AS A RESULT OF CHANGing ECONOMIC CONDITIONS IN NORTH CAROLINA WHen the workers are in NEED of TEMPORARY ASSISTANCE TO AVOID LOSING THEIR HOMES TO FORECLOSURE.
The General Assembly of North Carolina enacts:
SECTION 1.  Pilot Program Established. – The North Carolina Housing Finance Authority shall develop, implement, and administer a pilot program to assist North Carolina workers who have lost jobs as a result of changing economic conditions in North Carolina when the workers are in need of temporary assistance to avoid losing their homes to foreclosure. 
SECTION 2.  Appropriation. – Funds are appropriated from the General Fund for the 2004‑2005 fiscal year to implement this act.
SECTION 3.  Effective Date. – This act becomes effective July 1, 2004.