Housing GSO: HRA Greensboro Affordable Housing Plan

COMMUNITY ENGAGEMENT SUMMARY

NOTES | Community Engagement Meetings

October 15, 2019 Meeting with Nancy Vaughan, Mayor

• Mayor Vaughan’s ranking of our four primary areas of priority: o Affordable Rental Housing: Sees a pretty large need for 3BR affordable units to serve larger families where the city currently h as “no place to put them. So there is not only a need for deeper income targeting, but also targeting unit mix and more units for families. ▪ Thinks that there would be a bunch of pushback with the acquisition fund — NIMBYs and people who just want more units o Supportive Housing: Need to address issues with CoC, will be difficult to develop recommendations in the area that don’t igni te different sensitivities o Affordable Homeownership: Provide clarity on what the barrier actually is – down payment, credit, income stability – what is preventing people from accessing a mortgage? ▪ Mayor and Councilwoman Hightower have focused on public servants for the Hundred Homes project, particularly to promote homeownership opportunities for teachers ▪ One reason why they like the forgivable DPA: it keeps teachers here for 5 years ▪ County Commissioners weren’t as generous with their teacher/police incentives, and surrounding counties pay more than Guilfor d County does, so this DPA incentive (with a forgivable loan) is more attractive and gives them a commitment to stick around. Could DPA be forgivable for public servants? o Neighborhood Revitalization: This can be rolled into other aspects, and will improve as other issues are addressed • Need to be hugely intentional about revitalization and not gentrification o Worries are around speculation and investors — o Have to be clear that this is a homeownership and not an outside investment game o Intentionality about the goal: this is for the existing residents, and it’s to build wealth for them o Feels positive about the cost effectiveness of the code enforcement option, and thinks “maybe I shouldn’t have put neighborho od revitalization as number four” • Where else do we need to build consensus? o All of the nonprofits at the Housing Hub o Habitat for Humanity o Would see these non-profit groups as the main stakeholders o Builders association

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