Bill Summaries: H250 (2021)

Tracking:
  • Bill H 250 (2021-2022)
    Summary date: Mar 9 2021 - View summary

    Identical to S 145, filed 2/24/21.

    Authorizes the City of Winston-Salem to convey city-owned real property for the purpose of increasing the supply of affordable housing for low- and moderate-income persons, excluding property acquired through eminent domain. Allows use restrictions on the conveying deed consistent with the stated purpose for a specified period, with reversion to the city if the property ceases to be used for the stated purpose. Requires an authorizing resolution to be adopted by the governing board at a regular or special meeting prior to conveyance, with ten days' notice of the adopted resolution posted on the City's website prior to execution. 
    Development, Land Use and Housing, Property and Housing
    Forsyth

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