NC Law Tackles Housing & Stormwater | Wilmington News

Wilmington News Today | 2 Min News | The Daily News Now! · Jul 7, 2026 · 1m

North Carolina just made housing more affordable and greener with a bold new law: House Bill 162, signed by Governor Josh Stein, eliminates mandatory parking spots for new developments and relaxes stormwater rules for redeveloped properties. By slashing costly parking requirements—potentially saving tens of thousands per spot—developers can slash costs and pass savings to renters and buyers. Environmentally, the law eases stormwater upgrade burdens, allowing more flexible, less-paved development that fights flooding and boosts water quality. Coastal and historic areas are exempt, and local…