Capital Improvements Program FY 2015 - 2024

City of Greensboro

2015-2024 Capital Improvements Program

ACCOUNT NUMBER 213-9012-02

RESULT AREA

PROGRAM 2008 Bond Program DISTRICT All

DEPARTMENT Infrastructure

Tracking#

92

Planning and Community Development

PROJECT TITLE Housing Projects--Housing Development

TYPE REQUEST Continuation

PROJECTED START

PROJECTED COMPLETION

PROJECT DESCRIPTION Support development of 25 housing units per year for 6 years, for $20,000 per unit. Housing will include single-family, multi-family, and special needs housing units affordable to housholds earning 80% or less of the area median income. Projects are awarded funding through a competitive Request for Proposals process. Projects must be located within the City of Greensboro. Grant funds are a combination of Federal CDBG and HOME funds and local Housing Partnership Funds.

Approved Funding: Estimated Budget: BUDGET INFORMATION

BUDGET COMMENTS

$0 $3,665,000

Expenses

Fiscal Year

Planning/Design

Land

Construction

Equipment

Fiscal Year Total

14 15 -

0

0

1,165,000

0

1,165,000

15 16 -

0

0

500,000

0

500,000

16 17 -

0

0

500,000

0

500,000

17 18 -

0

0

500,000

0

500,000

18 19 -

0

0

500,000

0

500,000

19 24 -

0

0

500,000

0

500,000

Total

0

0

3,665,000

0

3,665,000

Revenue

Fiscal Year 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24 -

General Fund

Enterprise Fund

Grants

Authorized Bonds

Unauthorized Bonds

Unauthorized Bonds 2

Revenue Bonds

Other Revenue

Fiscal Year Total 1,165,000

0

0

500,000

665,000

0

0

0

0

0

0

500,000

0

0

0

0

0

500,000

0

0

500,000

0

0

0

0

0

500,000

0

0

500,000

0

0

0

0

0

500,000

0

0

500,000

0

0

0

0

0

500,000

0

0

500,000

0

0

0

0

0

500,000

Total

0

0

3,000,000

665,000

0

0

0

0

3,665,000

Operating Impact

Maintenance Operations

Fiscal Year

Personnel

Capital Outlay

Revenues

Fiscal Year Total

- 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

0

0

0

0

0

63

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