Bill > S200

This bill appropriates $150 million in nonrecurring funds from the General Fund to the North Carolina Housing Trust Fund for the 2025-2026 fiscal year to provide housing support in counties affected by Hurricane Helene. The funds will be administered according to Chapter 122E of the General Statutes and will specifically target counties that have been designated under a major disaster declaration by the President of the United States through the Stafford Act, which is a federal law that provides assistance during major disasters or emergencies. The funding can be used for counties that were designated as disaster areas before, on, or after the bill's effective date. The act will become effective on July 1, 2025, and is designed to help communities recover and rebuild housing infrastructure in areas impacted by the hurricane.

Budget and Finance

https://www.ncleg.gov/BillLookUp/2025/S200