FY2019-20 Neighborhood Development Annual Report

Housing GSO

PLAN HIGHLIGHTS

Housing GSO: Creating Opportunities to Build a Better Community is a 10-year plan we have created with consultants HR&A Advisors to improve access to, and the condition of, afordable housing in Greensboro.

• The plan was approved by City Council in October 2020. • Stay tuned for more Housing GSO updates here . • The plan aims to add up to 6,000 additional afordable

PRIMARY GOALS FOR HOUSING GSO

units to Greensboro.

• Provide afordable rental homes

• Reinvest in neighborhoods • Provide access to homeownership • Provide supportive housing

The implementation phase, planned to begin in early 2021, will address the creation of a preservation fund to be used to buy multi-family properties, rehabilitate them, and use them as afordable housing. The Housing GSO plan also outlines funding options over the next 10 years. Background HR&A Advisors began work on Housing GSO in May 2019. They were tasked with developing the Analysis of Impediments to Fair Housing Choice (AI), the Five-Year Consolidated Plan, and a 10-year afordable housing plan. While the AI and Consolidated Plan are required by HUD, they also set the stage for the next fve years of funding priorities and housing goals in the City of Greensboro. Part of the process involved using local, state and federal housing data and interviewing City ofcials, local housing-related organizations, vulnerable populations, and community leaders. This process provided a meaningful path toward implementation and ultimately Housing GSO: Creating Opportunities to Build a Better Community. “We will work with our partners to help people understand afordable housing, who needs it in our community, and how they can help,” Stanley Wilson says. “The implementation phase of the plan is really going to be a community efort.”

Several public meetings and surveys were conducted to fnd out what was important to residents, and drafts of the plan were made available online and on social media.

Creating Opportunities to Build A Better Community