Appropriation to the Lake Norman Community Development Corporation.
This bill allocates $4 million from the state's General Fund to the Lake Norman Community Development Corporation for the 2026-2027 fiscal year. The funding is divided equally, with $2 million designated for the Smithville Revitalization Plan to acquire property and build affordable homes, and another $2 million for additional affordable housing projects determined by the Corporation. Up to 15% of the total appropriation may be used for administrative expenses, and the funds become available starting July 1, 2026.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2026
Committee Review
Floor Vote
Governor
Introduced Apr 29, 2026
Last action May 4, 2026
Maddy AI version diff · 1 comparison
What changed between versions
Filed
→
Edition 1
·
3 edits
MINOR
The bill text was updated to reflect a new session date of April 29, 2026, and the internal reference code was changed from a draft identifier to a formal version number. The list of sponsors was removed and replaced with a directive to check the official website for current information, while the referral details were expanded to include specific House committees.
Scope change
No substantive changes to the bill's scope, funding amounts, or policy requirements were identified in this version.
TECHNICAL
The session date was updated to April 29, 2026, and the internal bill identifier was changed from a draft code to a formal version number.
The specific list of bill sponsors was removed and replaced with a general instruction to consult the official website for the complete list.
The referral section was expanded to explicitly list the Appropriations, Rules, Calendar, and Operations of the House committees.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
May 4, 2026
Committee
Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House
lower
Apr 29, 2026
Introduced
Filed
lower
0 primary · 4 co-sponsors
Sponsors
No sponsor information available.
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