Fair and Affordable Housing Act.

HB 404, the Fair and Affordable Housing Act, requires the Legislative Research Commission to study affordable housing availability across North Carolina - including rural and urban areas - and report findings to the 2026 General Assembly. The bill prohibits housing discrimination based on "source of income" (such as government housing vouchers, disability benefits, or rental assistance), making it illegal for landlords to refuse tenants using these payments. It also appropriates $45 million from the General Fund to the Housing Trust Fund for affordable housing development and bans credit reporting agencies from listing eviction lawsuits that don’t result in a landlord judgment. These changes directly affect renters (especially those using government assistance), landlords, housing providers, and credit agencies in North Carolina.