A Durham Housing Authority mixed-income project in Durham. (Photo: Greg Childress/NC Newsline)
NC House committee wants to close costly tax loophole for affordable housing
by Greg Childress, NC NewslineMarch 19, 2026
A North Carolina House committee examining property tax reform is considering a sweeping proposal to close a tax loophole for low- and moderate-income housing that’s costing local governments tens of millions of dollars in revenue.
The loophole in current law gives generous property tax cuts to for-profit apartment complex owners that partner with qualifying nonprofits, as NC Newsline previously reported…