NAR Weighs in on Flood Insurance

On January 7, 2016, the House of Representatives held the first in a series of roundtables and hearings on the National Flood Insurance Program (NFIP). The program must be reauthorized before September 30, 2017 in order to keep selling flood insurance.

No legislation has been introduced. The purpose of these hearings was to begin soliciting ideas for how to restructure the NFIP with the goal of developing comprehensive reform legislation before the end of the year.

NAR was ably represented at the first of these meetings, focused on flood mapping, by NAR Insurance Committee Chair Maria Wells. She urged Congress to improve the accuracy of the flood maps so fewer property owners have to bear the cost of an appeal.

NAR also submitted two letters for the other hearings, one laying out NAR member priorities for long-term NFIP reauthorization/reform, and one regarding private market flood insurance.

NAR’s letter on NFIP reauthorization

NAR’s letter on private market flood insurance

Storm Water Advisory Committee Recommends Phased Reduction of Commercial Fee Credits

The Charlotte Mecklenburg Storm Water Advisory Committee (SWAC) recently approved a recommendation that would gradually phase down storm water fee credits for hundreds of commercial property owners — a dramatic improvement over a staff proposal that would have reduced the credits much sooner.

Under SWAC’s recommendation, credits for all commercial properties would be capped at 86% for the next three years, after which the cap would drop to 72%. While this would result in higher stormwater fees for many commercial property owners, the increase would be much less than under the original proposal. Continue reading

Governor McCrory Recognizes NC Realtors® Support of NC CONNECT Bond Campaign

McCrory Bond

Courtesy NCAR

Governor Pat McCrory visited the Greensboro headquarters of the North Carolina Association of Realtors® (NCAR) this week to thank members and staff for their support of the Connect NC bond initiative, which voters will be asked to endorse when they go to the polls on March 15th.

The visit was in recognition of NCAR’s commitment to provide $150,000 in financial and in-kind contributions to the statewide bond campaign. Continue reading

Environment Committee Endorses Recommendations from PCCO Mitigation Fee Task Force

jul4026sEarlier this week, the Charlotte City Council’s Environment Committee voted unanimously to support a series of recommendations from a citizen task force that would make permanent the citywide Mitigation Fee program in Charlotte’s Post-Construction Storm Water Ordinance (PCCO).

First adopted in 2011, the citywide Mitigation Fee option gives developers an alternative way to meet the on-site storm water requirements of the PCCO on redevelopment sites. The fee option, which is approved administratively, is currently $60,000 for the first acre of redevelopment and $90,000 for each additional acre or portion thereof. Some onsite control measures are still required for most sites to manage volume and peak flow downstream, but costly water quality measures are eliminated through payment of the fee. Continue reading

City Council to Revisit Zoning & Land Development Fees Next Week

City Council’s Economic Development Committee will discuss possible changes to its Land Development user fee policy when it next meets at noon on Thursday, January 21st.  The meeting will take place in Room CH-14 of the Charlotte-Mecklenburg Government Center from 12:00 pm to 1:30 pm., and is open to the public.

The City’s FY 2016 budget, adopted last summer, included hikes in regulatory fees for the development industry — although at lower levels than initially proposed by the Manager’s Office. The City would like to move toward a policy of ‘full cost recovery’ on land development and rezoning fees, but agreed to do so gradually after REBIC voiced concerns with the proposal.

REBIC is meeting next week with Councilman James Mitchell, who chairs the Economic Development Committee, to discuss the fee increases proposed for the FY 2017 budget.

Davidson Approves Zoning Text Amendment, Falls Short of Conforming With New Residential Aesthetics Law

Davidson LogoOn Tuesday, January 12th, the Davidson Board of Commissioners passed a Planning Ordinance amendment intended to bring the Town into compliance with Session Law 2015-86, passed by the North Carolina General Assembly to clarify that local governments in North Carolina do not possess the authority to regulate building design elements for single-family homes, townhomes, and duplexes.

The proposed changes to Davidson’s ordinance are positive, but the language does not eliminate the garage setback requirement for front facing garages as required by the new aesthetics law. Continue reading

NCDOT Chairman Discusses Managed Lane Strategy with REBIC Membership

Ned CurranNorth Carolina Department of Transportation Chairman Ned Curran spoke to the REBIC membership this week about the I-77 Managed Lane project, along with other road improvements planned for the Charlotte region over the next decade.

Curran, who is also president and CEO of the  Bissell Cos, described the massive gap between available funding for road construction (roughly $15 billion) and the identified improvements necessary to improve mobility across the state of North Carolina ($70 billion). Continue reading

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