Bill > H306

This bill provides special authorization for the towns of Blowing Rock and Boone and the counties of Dare, Durham, and Watauga to develop affordable housing specifically for their local government employees. The bill allows these local government units to construct, finance, and manage affordable housing through various mechanisms such as partnerships, joint ventures, or land trusts, but only on property already owned by the unit. The local governments can rent or sell these housing units exclusively to their employees, with the flexibility to set below-market rates and implement reasonable restrictions on resale. An important limitation is that the local governments cannot use property obtained through eminent domain after the bill's enactment date for these housing projects. All housing units must comply with existing building codes, zoning ordinances, and other state and local residential construction regulations. The bill effectively provides these specific local governments with expanded legal authority to address housing challenges for their workforce by creating dedicated affordable housing options.

Government Affairs, Housing and Urban Affairs

https://www.ncleg.gov/BillLookUp/2025/H306