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3 <br /> The North Carolina 2023 "Regulatory Reform Act" (RRA; NCSL23-137, ratified in October 2023) had <br /> two impacts on the development potential in WSWs. Both changes better enable higher-density <br /> residential redevelopment projects, including all developed properties in this area of consideration. <br /> Section 1 of the RRA introduces a somewhat complex change that allows for WSW density regulations <br /> to be eliminated when a non-residential property is redeveloped for residential purposes. This process <br /> presumes a publicly-noticed hearing to review either a rezoning or special use application, and does <br /> not affect height or parking regulations or stormwater regulations. RRA Section 2 clarifies that, for <br /> development that existed prior to the introduction of stormwater regulations around 2008, the existing <br /> stormwater runoff does not need to be treated in a redevelopment project. For example, if a property <br /> has a 10,000-square foot building on it, that 10,000-s.f. footprint cannot be required to be included in <br /> the stormwater treatment of a redevelopment project. <br /> Please contact Perdita Holtz, Deputy Director, at pholtz(a-)-orangecountync.gov or at(919)245-2578 with <br /> any questions on this topic. <br /> 3 <br />