GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2025

H                                                                                                                                                    1

HOUSE BILL 1118

Short Title:      Workforce Housing Loan Renewal Act.		(Public)
Sponsors:	Representatives Chesser, Schietzelt, Willingham, and Buansi (Primary Sponsors). For a complete list of sponsors, refer to the North Carolina General Assembly web site.
Referred to:	Appropriations, if favorable, Rules, Calendar, and Operations of the House

April 30, 2026

A BILL TO BE ENTITLED

AN ACT to appropriate recurring funds to the workforce housing loan program.

The General Assembly of North Carolina enacts:

SECTION 1.  There is appropriated from the General Fund to the Housing Finance Agency the sum of thirty‑five million dollars ($35,000,000) in recurring funds beginning with the 2026‑2027 fiscal year to be used for the Workforce Housing Loan Program.

SECTION 2.  This act becomes effective July 1, 2026.