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GENERAL ASSEMtlLY OF NORTH CAROLINA 1 2 3 4 5 6 7 8 9 10 11 I2 13 14 15 16 17 18 19 2O 21 22 23 2~ 25 26 27 28 29 3O 3i 32 DD 35 36 38 39 40 42 43 45 46 47 48 49 5O 51 Sec. 9.3. (a) Funds appropriated in this act to the Housing Finance Agency for the federal HOME Program shall be used to match federal funds appropriated for the HOME Program. In allocating State funds appropriated to match federal HOM[E Program funds, the Agency shall give priority to HOME Program proiects, as follows: (1) First priority to projects that are located in counties designated as severely distressed counties under G.S. 105-130.40(c) or G.S. 105- 151.17¢); and (2) Second priority to projects that benefit persons and families whose incomes are fifty percent (50%) or less of the median family income for the local area, with adjustments for family size, according to the latest figures available from the U.S[ Department of Housing and Urban Development. The Housing Finance Agency shall report to the Joint Legislative Commission on Governmental Operations by April 1 of each year concerning the status of the HOME Program and shall include in the repor~ information on priorities met, types of activities funded, and types of activities not funded. (b) If the United States Congress changes the HO/vfE Program such that matching funds are not required for a given program year, then the Agency shall not spend the matching funds appropriated under this act for that program year. (c) Funds appropriated in this act to match federal HOME Program funds shall not revert to the General Fund on June 30, 1996, or on June 30, !997. Requested by: Senators Warren, Davis, Representatives Ives, Lemmond, Culpepper COUNCIL OF GOVERNMENT FIJNDS Sec. 9.4. (a) Of the funds appropriated in this act to the Office of State Pl~nniug, eight hundred skxry~four thousand two hundred seventy dollars (S864,270) for the 1995-96 fiscal year and eight hundred sixty-four thousand two hundred seventy, dollars ($864,270) for the 1996-97 fiscal year shall only be used as provided bv this section. Each regional council of government or lead regional orgarazation is ailocated up to forty-eight thousand fifteen dollars ($48,015) for each fiscal year, with the actual amount calculatecl as provided in subsection (b) of this section. (b) The funds shall be allocated as follows: A share of the maximum forq/-eight thousand fifzeen dollars ($48,015) each fiscal year shall be allocated to each co-nt¥ and smaller city based on the most recent annual estimate of the Office of State ]Judger and Management of the population of that county (less the population of any larger city within that county) or smaller city, divided by the sum of the total population of the region (less the population of larger cities within that region) and the total population of the region living in smaller cities. Those funds shall be paid to the regional council of government for the region in which that city or count' is located upon receipt by the Office of State Planning of a resolution of the governing board of the county or city requesting release of the funds. If any ciqy or county does not so request payment of funds by June 30 of a State fiscal year, that share of the allocation for that fiscal year shall revert to the General Fund. (c) A regional council of government may use funds appropriated by this section only to assist local governments in grant applications, economic development, community development, support of local industrial development activities, and other activities as deemed appropriate by the member governments. (d) Funds appropriated by this section may not be used for payment of, dues or assessments by the member governments and may not supplant funds appropriated by the member governments. Page 14 ~ ' q House Bill 229