Tlorth Carolina General.Assembly - [ S 708 vc ]SENATE BILL 708 http://www.ncgastate.nc.us/htm1199.../ra6fied/senatelsbi10708.fi
<br />GENERAL A55EMBLY OF NORTH CAROLINA
<br />SESSION 1999
<br />SESSION LAW 1999-366
<br />SENATE BILL 708
<br />AN ACT ALLOWING COUNTIES TO PROVIDE AFFORDABLE HOUSING FOR
<br />PERSONS OF LOW AND MODERATE INCOME.
<br />The Genera]. Assembly of North Carolina enacts:
<br />Section 1. The General Assembly finds and declares
<br />that the purpose of this act is to provide authority for counties
<br />in North Carolina to ,provide funds for residential housing
<br />construction, new or rehabilitated, and to provide for the sale
<br />or rental of housing to persons and families of low and moderate
<br />income. The General Assembly finds and declares that there
<br />exists in counties in the State a serious shortage of decent,
<br />safe, and sanitary residential housing available at low prices ar
<br />rentals to persons and families of low and moderate income. This
<br />shortage is inimical to the health, safety, welfare, and
<br />prosperity of all residents of the State and to the sound growth
<br />of North Carolina communities..
<br />Section 2. Part 5 of Article 18 of Chapter 153A of the
<br />General Statutes is amended by adding a new section to read:
<br />"~__-___.1.538-3.78_.. ,,,~Qw- and moderate-inc,~e housing
<br />programs. .
<br />In____addition to the p2wers granted ley G S. 153A-376 and
<br />~._S ~5~~3_7_7 _ any noun y is, au hors zed tc ~~x_ercise,,,,~e_ fQ11 n~u;.ng
<br />nowers•
<br />r ~Z T a n to
<br />expend__,~i,}~yrLs for resident1,~,1 housing constr»ction, new ,~
<br />x'e.htabilitated.,, for sa,~,e or rental to persons aD,r~.famili,ws of
<br />,low, an~_ moderate income. Any board of ,commissioners max
<br />c_oA.tract_with„~ny__nerg associa _7 nor cornoraticD,., to
<br />implemer}t„_~~e provisions Qf this , ~~divis~,r~n _
<br />~ To acQt~~,~eal p~Qperty~y volun~~~xv
<br />purchase fro,, the own~rs_ to be dev~?lc~~p_r~ ~y~~e coLntZr or t~
<br />_ bQ us~:~,~y the_ county to p~c'Zpide af__~,~ ad~ble ,,,~.ousinq„_ to
<br />__ p~,,gQns of low arld mo_ d_ er P_ 3n~cme .
<br />~~. r
<br />established by„ the_ cO~y1-~~J conveyr DrOp~,~t~Y~y ,_Briva _?
<br />sale ,;,,_,>r:Q~~y ,_„g~lic or private entry t<~~-~prdv; des
<br />afforda}l~~ housing to ~Arssnns Qf low or moderate ingpme.
<br />The county, ,,,tea a]~,~rlclude_,~s part' of any_,.,, .such Q_ nv yang
<br />_ _ fi~Qv~D,~ts _or s~nditiorl., that,,,_;assurP the pro~~.rty will be
<br />developed by the entity f,~~ sales nr le~,,~_e to persons of low
<br />or moderate, ncome.
<br />141. 1 r _y~~ocedur~s arl,~, stan,~
<br />es_t.ablisl~,~r~ by the „coup y,, to convey__res~ ~Pnti~.~nrop~~y bv.
<br />_ .private sale,,,,, to ersons of low or moderate _,~ncomQ„ in
<br />ac~Qr~,ance with G. S . „160A-267 and fly terms, ,and c ditions
<br />_ _ th~~ the board of comrr~~sion,~rs may determi~g~"
<br />.Section 3. G.S. 153A-149(c) is amended by adding a new
<br />subdivision to read:
<br />"1.5b) ~ 1 ing __-_- To undg~~~ke_ hQ~,~,sina
<br />
|