Housing GSO: HRA Greensboro Affordable Housing Plan

IMPLEMENTATION

IMPLEMENTATION

Access to Homeownership

Timeline

Metrics

First Action Step

• Number of awards made to HHs <80% AMI • Number of awards made to public servants • Number of homes purchased in reinvestment areas

Restructure loan repayment terms with underwriting partner

Modify DPA Program Design

Year 1

Administrative Taskforce P3 Working Group

• Number of program participants • Satisfaction level of program participants • Number of foreclosures prevented

Offer Enhanced Services with Mortgages

Year 3

Add enhanced services requirement to loan terms

HR&A Advisors, Inc.

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