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HB 1118·NC·house

Workforce Housing Loan Renewal Act.

Passed One ChamberFiled Apr 29, 2026
Sponsor: Chesser
Latest Action

Passed 1st Reading

Apr 30, 2026

Summary

The bill directs the General Fund to provide the Housing Finance Agency $35 million each year beginning the 2026‑27 fiscal year. The funds must be used for the Workforce Housing Loan Program, which offers loans to support workforce housing. The appropriation becomes effective on July 1 2026.

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