Laws & Taxes

Laws & Taxes

Property Tax Bills Arriving Soon

New Hanover County property owners will receive their tax bills in the mail in the coming days. Property taxes are due on September 1, but can be paid without interest until January 5, 2017


This week, President Obama signed into law a provision authored by Congressman David E. Price (NC-04) and sponsored by Congressman Robert Aderholt (AL-04) that modernizes the outdated formula used to distribute funds for the Housing Opportunities for Persons With AIDS (HOPWA) program.

Property tax bill mailing

Although property taxes are due on September 1 each year, they can be paid without interest until January 6, 2016. To further assist and encourage penalty-free payments, all property tax bills will include four payment coupons. The coupons will reflect the total amount owed, divided into four equal payments. The coupons indicate a monthly due date September through December

City Manager Presents Proposed FY 2016 Budget

Kannapolis City Manager Mike Legg presented the proposed Fiscal Year 2016 budget to the Kannapolis City Council Wednesday evening. The proposed FY 2016 Total Budget is $59,539,383. The budget calls for a three cent increase in the property tax rate to cover the cost of acquiring downtown properties, investments in economic development and job creation, implementing a strategic plan for revitalizing the downtown, paying for the new City Hall and Police Headquarters, and establishing the Department of General Services

Durham’s Proposed Budget Maintains Services With No Property Tax Increase

Reflecting on how years of strategic planning and fiscally responsible actions created a tipping point for this year’s budget, City Manager Thomas Bonfield presented the FY 2015-2016 preliminary budget earlier this evening – which includes no property tax increase – keeping the current tax rate at 59.12 cents per $100 of assessed property value.

Governor McCrory Signs Bill to Support New Renewable Energy Projects

“I am pleased to sign Senate Bill 372 to bring new renewable energy projects online in North Carolina,” said Governor McCrory. “Renewable energy is an important part of an all-of-the-above energy policy that produces clean power, creates jobs and generates revenue in communities that need it most.”

More than 1 million NC taxpayers, working families benefited from state Earned Income Tax...

After economists gathered earlier this week to discuss the important role of tax credits for working families in supporting an inclusive economy, the Budget & Tax Center released a report today detailing the reach of the state Earned Income Tax Credit (EITC).

North Carolina Real Estate Investor Indicted for Conspiracy to Commit Mail Fraud

The department alleged that the scheme defrauded homeowners, financial institutions and others with a legal interest in selected foreclosure properties, for the unlawful purpose of obtaining money and property through fraudulent pretenses, representations or promises.

2,200 NC homeowners get chance at money back from SunTrust

Claims notices in the mail to victims of wrongful foreclosures.

McCrory’s budget proposal ignores need for investments in families, communities

Proposal fails to rollback harmful cuts and lacks plan for broadly shared prosperity, new report finds.

McIntyre Announces Over $9 Million For Improvements to Bladen County Multi Family Housing Units

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- U.S. Representative Mike McIntyre announced today $9,330,613 in federal funds to make improvements to six different multi-family housing units in Bladen County.

Foxx Statement on H.R. 41

Washington, D.C. - January 08, 2012 - (RealEstateRama) -- Congresswoman Virginia Foxx, R-NC, today issued the following statement regarding her vote against H.R. 41, legislation that would increase federal deficit spending by granting additional borrowing authority to the government-run flood insurance program


WASHINGTON, DC - July 25, 2012 - (RealEstateRama) -- William B. Clayton, a residential builder formerly of Corolla, N.C., was arrested yesterday on charges of obstructing the tax laws and converting government property, the Justice Department and Internal Revenue Service (IRS) announced. Clayton had his initial appearance today before U.S. Magistrate Judge William A. Webb in the Eastern District of North Carolina

Lawmakers Agree With McIntyre Call to Support Homeowners and Help Spur Economy

Washington, D.C. - November 16, 2011 - (RealEstateRama) -- U.S. Congressman Mike McIntyre announced today that he has helped restore recently reduced home loan limits for the Federal Housing Administration.

State to Gain More Than $300 Million in Affordable Apartments

July 6, 2011 - (RealEstateRama) -- Federal tax credits and other financing awarded last week to build affordable apartments is expected to support 6,900 jobs statewide. More than $300 million in development will result from the federal tax credits, bonds, and loans approved by the Tax Reform Allocation Committee and the North Carolina Housing Finance Agency.


How One Agent Is Surviving In Today’s Market

Raleigh, NC - May 23, 2011 - (RealEstateRama) -- For the 3rd consecutive year in a row Rupert Bryan has not only won all the top awards in the Coldwell Banker Falls Office, but he is also ranked as one of the Top Agents in the Triangle (#18 Triangle Business Journal Residential Realtor)



Congressman David E. Price (NC-04), Ranking Member of the House Transportation, Housing and Urban Development (T-HUD) Appropriations Subcommittee, announced that the City of Fayetteville will receive a $10 million grant to expand the terminal building at Fayetteville Regional Airport. The grant will be provided by the Federal Aviation Administration’s Airport Improvement Program (AIP), which is funded by the Airport and Airway Trust Fund as part of the annual T-HUD Appropriations bill. The AIP program helps eligible airports pay for improvements to enhance airport safety, capacity, and security or mitigate environmental and noise concerns.