***Due to the Coronavirus-related orders issued by Mecklenburg County, GCAA office is open on a limited basis. Staff will be working in office Tuesday-Thursday until September 1 and are available by e-mail and phone. We also welcome visits from our members who have a scheduled appointment with one of our team members. Please check our website at www.greatercaa.org for timely updates and pertinent information. We thank you for your patience as we play our part in keeping our staff and broader community safe.***

Funding Assistance for Small-Scale Landlords – House Bill 1078/Senate Bill 728 Introduced

Posted By: Wesley Masters News ,

AN ACT TO ESTABLISH A LOAN PROGRAM WITH THE NORTH CAROLINA HOUSING FINANCE AGENCY TO ASSIST CERTAIN SMALL-SCALE LANDLORDS DUE TO 4 THE COVID-19 EMERGENCY. Provisions of the bill include having the North Carolina Housing Finance Agency provide assistance in the form of zero-interest loans made to eligible landlords experiencing economic hardship 29 caused by the COVID-19 pandemic.  An eligible landlord would have no more than 25 existing tenants residing in property situated in this State and relies on rents received from rental properties as its primary source of income.  Last action: Referred to the Committee on Commerce.

Review the details of the bill here!