Housing GSO: HRA Greensboro Affordable Housing Plan

COMMUNITY ENGAGEMENT SUMMARY

NOTES | Community Engagement Meetings

• Emergency Repair Program and Homeowner Rehab: Extensions of what we are already doing. But we can target higher incomes (up to 140% AMI) with bond money. o No real pipeline of projects for repair program or homeowner repair program. But Medicaid transformation coming, as soon as November. 80K people will go through screening process for housing issues. ▪ Reality: most of these people are renters. So how will Medicaid deal with issues where there is a landlord? o City working on RFP response to Medicaid transformation project to be one of 2-4 pilots to get funding to screening. Pot of funds from Piedmont Regional Council. o Need process for servicing SF homes – triage homes and direct to services – can’t be City, don’t have capacity ▪ Intake, evaluation, estimation, construction, monitoring/compliance – City just wants to do monitoring/compliance. • CHS has capacity to do repairs, can identify clients. o City’s existing rental assistance program: landlords don’t want to participate because it’s expensive and City has high standards. So real force of remedy is code enforcement. ▪ Program Gap: Push more folks to do repairs to SF and small unit rental stock • MF AH Development: LIHTC and MF deals – all $3M is committed, all going to MF deals, about $10-$15K per unit, some may fall out if they don’t get 9% award. Projects are geographically dispersed, good distribution. • Workforce Housing Initiative: Primarily down-payment assistance – politically popular, could be used to do other things, anything on SF side to support ownership. No limit on it right now. o Changes to down payment assistance program: ▪ We don’t have minimum front-end ratio, so functions basically as a $10K gift, no real underwriting. ▪ We discussed geographic targeting but ultimately didn’t include o Housing Consultants Group does intake and underwriting • HOME: funds go to CHDOs (rehab, new construction), homeowner rehab, affordable housing RFP (LIHTC deals) o Very rare to do 4% deals here o What about putting MF AH Development money towards GHA projects? ▪ This could come from HOME or Bond money ▪ New focus of GHA is new development – they want to do 9% deals ▪ GHA did RAD as 4% deals • CDBG: Using significant funds to do rehab, lead,

• NDD needs to think about how to add capacity and where functions can be outsourced vs. kept in house • NDD looking for focus – do we focus on middle neighborhoods to stop decline? Or go into low neighborhoods and do complete rebuild? o Plan can look at different scenarios, focus on 2-3 neighborhoods in east and south parts of Greensboro

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