North Carolina H1118 appropriates $35 million annually to the Workforce Housing Loan Program starting in 2026-2027.
North Carolina H1118 allocates $35 million in recurring funds from the General Fund to the Housing Finance Agency for the Workforce Housing Loan Program, beginning in the 2026-2027 fiscal year. This funding aims to support the Workforce Housing Loan Program, which likely assists in providing affordable housing options for the state's workforce. The act is set to become effective on July 1, 2026.
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