Town of Mooresville/Property Conveyance.
Gives Mooresville power to convey town land (sale, lease, or donation) to create affordable housing for low‑/moderate income residents, veterans, and emergency responders.
Gives Mooresville power to convey town land (sale, lease, or donation) to create affordable housing for low‑/moderate income residents, veterans, and emergency responders.
Status: Introduced in NC House (first edition filed Feb. 25, 2025). Effective date: the act takes effect when it becomes law.
Authorize the Town of Mooresville to convey town‑owned real property (for consideration or without) to increase the supply of housing targeted to: (1) low‑ and moderate‑income persons; (2) veterans; and (3) emergency responders.
This summary is intended to present the bill’s substance and likely practical effects. For legal interpretation or implementation details, consult the final enacted language and Town counsel.
Compiled from official sources — confirm details with the bill’s official record.
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