North Carolina General Statutes Chapter 122E North Carolina Housing Trust and Oil Overcharge Act

• N.C. Gen. Stat. § 122E-1.   Short title
  This Chapter shall be known and may be cited as the "North Carolina Housing Trust and Oil Overcharge Act." (1987, c. 841, s. 1.)
• N.C. Gen. Stat. § 122E-2.   Definitions
  As used in this Chapter: (1) The term "substandard unit" means a housing unit which, by reason of dilapidation, deterioration, age or obsolescence, inadequate...
• N.C. Gen. Stat. § 122E-3.   North Carolina Housing Trust Fund
  (a) There is established a North Carolina Housing Trust Fund, separate and distinct from the General Fund. (b) The Fund shall consist of monies...
• N.C. Gen. Stat. § 122E-3.1.   Community Living Housing Fund
  (a) Definitions. - The following definitions apply in this section: (1) Catchment area. - As defined in G.S. 122C-3. (2) Targeted units. - Units...
• N.C. Gen. Stat. § 122E-4.   North Carolina Housing Partnership created; compensation; organization
  (a) The North Carolina Housing Partnership is hereby created within the North Carolina Housing Finance Agency to establish policy, promulgate rules and regulations, and...
• N.C. Gen. Stat. § 122E-5.   Administration
  (a) The North Carolina Housing Finance Agency shall administer the Fund in accordance with the policies, rules and regulations promulgated by the Partnership. (b)...
• N.C. Gen. Stat. § 122E-6.   Uses of funds
  Funds from the Fund shall be used to increase the supply of decent, affordable and energy-efficient housing for low, very low, and moderate income...
• N.C. Gen. Stat. § 122E-7.   Eligible applicants
  Eligible applicants shall include units of State and local governments including municipal corporations, for profit and nonprofit housing developers. Provided, however, that the Partnership's...
• N.C. Gen. Stat. § 122E-8.   Allocation of funds
  (a) Monies within the Fund shall be allocated to eligible applicants under this Chapter by the Agency, in accordance with funding cycles established at...
• N.C. Gen. Stat. § 122E-9.   Displacement
  In establishing criteria for G.S. 122E-8(a), the Agency shall give special attention to designing protections to provide that any lawful occupants who live in...

Last modified: March 23, 2014