FINAL ADOPTED BUDGET FY2022-23

NUSSBAUM HOUSING PARTNERSHIP REVOLVING FUND

Departmental Objectives  Maintain compliance with eligibility requirements for all federal and state funding sources.  Continue to leverage grant funds from all sources to maximize the impact of City economic and community development activities.  Require consistent financial tracking and reporting systems among partner agencies and contractors.  Promote greater cooperation and collaboration among homeless service providers.

Performance Measures

Adopted 2022-23

Actual 2020-21

Budget 2021-22

Projected 2023-24

Workload Measures  Number of persons served through homelessness prevention programs including rapid re-housing, information and referral services, supportive services, and shelter  Number of clients served through housing counseling and homebuyer education services Efficiency Measures  Percentage of required planning & reporting documents submitted on time to appropriate agencies Effectiveness Measures  Number of Greensboro residents who are homeless, as determined through the annual Point-In-Time Count

5,000

6,447

4,800

5,000

100

100

100

100

100%

100%

100%

100%

480

482

479

480

Budget Highlights: The FY 22-23 Adopted Budget is increasing by $1,437,394, or 60.5%.

 The Neighborhood Development Department will be renamed to Housing and Neighborhood Development Department and will continue to manage the Nussbaum Housing Partnership Fund’s programs and finances.  The designated portion of the property tax rate for the Nussbaum Fund increases from 0.69 cents to 1 cent, providing approximately $1.6 million for implementation of housing support programs.  The FY 22-23 budget includes the transfer of 2.8 FTEs to the Planning department to increase housing support funding.

Adopted 2022-23 Budget

53