Housing GSO: HRA Greensboro Affordable Housing Plan

EXECUTIVE SUMMARY: IMPLEMENTATION

The City will need to prioritize short and mid-term actions in the first two years of implementation. Recommended implementation and timing considers existing municipal and non-profit capacity, legal implications and authority, and the funding sources available in the short-term.

Year 2

Year 1

Year 3

Establish a Housing Preservation Fund

Deeper Affordability

Partner on Housing Authority Redevelopment

Create Public Land Disposition Policy

Subsidize 4% Development Affordable Homeownership Affordable Rental Homes Modify DPA Program Design Enhanced Services with Mortgage

Page 13