Government Affairs
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Real Estate Update from Harnett County Economic Development Corporation
Real Estate Activities In 2024, HEDC secured $547,885 from the Golden LEAF Foundation’s SITE Program to clear and grade a site at Edgerton Industrial Park. Engineering design has been completed on Site 1, with clearing and grading to be completed in Fall 2025, positioning Harnett County for future industrial investment. Located in Dunn, Edgerton Industrial Park…
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Washington Update From NAR
FHA Announces Transition to New Appraisal Reporting in 2026 On August 27, the FHA announced (in FHA INFO 2025-42) their intention to transition appraisal reporting to the new Uniform Appraisal Dataset (UAD) 3.6 beginning in spring 2026 for early adopters. They will announce a timeline of the transition plan, updated policies, and technical specifications later…
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NC Governor Stein Signs “Squatter” Bill Into Law
Governor Josh Stein signed Senate Bill 55 into law this month. Below are the details of the bill. SB 55 – Creates an expedited removal process for the removal of an unauthorized person from residential property. Bill Analysis: A person who enters or remains on private property without the property owner’s authorization is subject to…
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North Carolina Congressman Richard Rouzer Introduces Healthy Drinking Water Affordability Act
Healthy Drinking Water Affordability Act I also recently introduced the bipartisan Healthy Drinking Water Affordability Act, also known as the Healthy H2O Act, with Congresswoman Chellie Pingree (D-ME). This legislation provides grants for water testing and treatment technology directly to individuals and nonprofits in rural communities. Systems that improve water quality — whether installed at the faucet or within a building — can provide immediate and…
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VantageScore Now Accepted by Fannie & Freddie
NAR Praises FHFA Move to Expand Credit Scoring Models July 10, 2025 Mortgages & Home Financing, Fannie Mae & Freddie Mac (GSEs), Credit Policy By: Michael Rauber Fannie Mae and Freddie Mac will begin accepting VantageScore 4.0 for mortgage underwriting, either alongside or in place of traditional FICO scores. Federal Housing Finance Agency Director William Pulte announced July 8 that…
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470-Acre Tract of Land Annexed into the City of Sanford
(article from The Sanford Herald) The largest residential annexation in recent years in Sanford, but maybe ever, was approved 6-1 Tuesday, July 15, with Councilman Charles Taylor voting no. The Cherokee Land Co. and the Dalrymple and Moore families requested it for 470 acres east of Colon Road between Post Office Road on the north…
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Annual Update from the Harnett County Economic Development Corporation
Harnett County, N.C. – July 11, 2025 – On Wednesday, June 18, 2025, the Harnett Economic Development Corporation (HEDC), the nonprofit partner of Harnett County Economic Development, hosted its Annual Board Meeting to reflect on a year of meaningful progress and set priorities for the year ahead. The HEDC plays a vital role by serving…
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Land Use Survey for Hoke County Underway
Hoke County land use plan survey open for responses – share your thoughts on development by July 30 July 2, 2025 (news article from the Hoke County News-Journal) The Hoke County Land Use Plan update survey is now accepting responses through July 30, asking questions that will help shape the future of the county’s growth…
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Legislative Update from the Advocacy Team at NC REALTORS®
NC REALTORS® Legislative Advocacy Update – Summer Edition The REALTOR® AdvocateJune 27, 2025Legislative Update: Summer Adjournment & Key Wins North Carolina lawmakers began the week of June 23 aiming to adjourn for the summer – a goal that brought a flurry of activity to the General Assembly as legislators worked to advance key bills before…
