General Assembly Winds Down, with Both Wins & Some Unfinished Business for Real Estate Industry

legislative_building_5As the North Carolina General Assembly winds down an unusually short Short Session in Raleigh, Realtors®, home builders, property managers and developers are looking at some legislative victories — along with some unfinished business. Continue reading

Matthews Considering Small Area Plan Zoning Overlay Districts

The Matthews Town Board this week held a public hearing on a proposal to create a new Zoning Overlay District that would make the land use and development policies in three Small Area Plans enforceable on all new development, regardless of whether or not a rezoning is involved.

REBIC spoke against the proposal, as did a small group of property owners who shared our concerns about the restrictions the Overlay would place on their property. The Overlay would impact all parcels in three Small Area Plans adopted by the Town between 2014 and 2017:

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General Assembly Approves Building Code Reform Legislation

The North Carolina General Assembly this week approved legislation that would make substantive reforms to local building permitting and inspection processes both Mecklenburg County and statewide.

HB 948 – ‘Building Code Regulatory Reform‘ was sponsored by Rep. Mark Brody (Union), and makes some very beneficial changes to the permitting and inspection process that would benefit both home builders and commercial developers. They include:

• Clarifies existing language allowing a licensed architect/engineer to certify a component or element of a building, without the need for a city or county to inspect and approve that component.

• Gives the State Department of Insurance the statutory authority to assign Marketplace Pool inspectors to conduct an inspection in the event the local officials cannot provide one within 2 business days of a request.

• Provide greater flexibility for the State Q-Board to grant provisional licenses to Code Enforcement officials who are certified and in good standing in other states, which will help address the growing issue of inspector vacancies across North Carolina.

HB 948 is now awaiting Governor Cooper’s signature. Thanks to the North Carolina Home Builders Association (NCHBA) for their leadership on this critical piece of legislation.

City Council Approves Budget with $50M in Affordable Housing Bonds

Crown-Logo-GreenThe Charlotte City Council this week approved a budget for FY 2018/2019 that includes an historic investment in Affordable Housing bonds — assuming voters approve them in a November referendum.

The $50 million in Affordable Housing Bonds are part of a $223 million bond package that also includes $118 million for streets and sidewalks, and $55 million for neighborhood improvements. Voters will be asked to approve the bonds on November 6th, and REBIC will partner with the Charlotte Regional REALTOR® Association and the Charlotte Chamber to advocate for their passage through a wide-ranging community campaign.

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Realtors® Advocate for Housing Industry Priorities at General Assembly

On Wednesday, June 6th, more than 50 Charlotte-area Realtors® traveled to Raleigh to participate in the NC Realtors® (NCR) Legislative Day.

Realtors® attended a forum with legislators from Mecklenburg and surrounding counties, including Rep. Jay Adams (R-Catawba), Rep. Jason Saine (R-Lincoln), Rep. Scott Stone (R-Mecklenburg), Rep. Jeff Jackson (D-Mecklenburg), Rep. Chaz Beasley (D-Mecklenburg), Rep. John Bradford (R- Mecklenburg), Rep. Rodney Moore (D-Mecklenburg), Sen. Dan Bishop (R- Mecklenburg), Sen. Kelly Alexander (D-Mecklenburg), and Sen. Joyce Waddell (D-Mecklenburg).

Leg Day 1 Continue reading