Affordable Housing Senate Bill 04-20-1999 5b

Browse Search

~. . PAGE 02 </-10-99 ~~ GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 1999 FJLE~ ' SEI~i~~~ s S 7 0 g MAR 311944 SENATE DRS1b33-LM120(3.14~PR1NCJPAL CLERK Short Title: Affordable Housing. (Public) Sponsors: Senator Odom. Referred to; 1 A BILL TO BE ENTITLED - 2 AN ACT ALLOWING COUNTIES HAYING A POPULATION IN EXCESS OP 3 500,00 TO PROVIDE AFFORDABLE HOUSING FOR PERSONS OF LOW 4 AND MODERATE INCOME. 5 The General Assembly of North Carolina enacts: 6 Section 1. The General Assembly finds and declares that the purpose of 7 this act is to provide authority for larger urban counties in North Carolina to provide 8 funds for residential housing construction, new or rehabilitated, and to provide foz 4 the sale or rental of housiztg to persons and families of low and moderate income_ 10 The General Assexn.biy finds and declares that there exists in larger urban counties, 11 including rural areas of such counties, a serious shortage of decent, safe, and sanitary 12 residential housing available at low prices or rentals to persons and families of low 13 and moderate income. This shortage is inimical to the health, safety, welfare, and 14 prosperity of alI zesidents of the State and to the sound growth of North Carolina 15 communities. 16 Section 2. Part 5 of Article 18 of Chapter 153A of the General Statutes is 17 amended by adding a new section to read: 18 "~ 153A-378. Low- and _mode`i~rte-income housing n~rggrame. 19 In a¢ditio to the_ ow .r~ granted by G.S. 153A-~~6 and G.S. i53A-3 7. any 20 county is authorized to exercise the following powers: 21 ~ To eneaee in and to gpnropriate and_ ~x~uend funds for resid ntial 22 housine construction, new oI rehabilitated, for sal or rental to 23 persons an families of low and mode ate income. Any board of 2~ cnmmiesinners may, contract with any person. associa 'on_ or 25 corporation_t~ implement the provisi of this subdivision.