Housing & Neighborhood Development Annual Report 2022-2023

Homeowner Assistance Aims to Reduce Property Tax Burden In April, City leaders created the Low-income Homeowner Assistance program to help people affected by Guilford County’s 2022 property revaluation, which saw property values increasing 30 percent. Qualified households who paid a higher City home property tax in 2022 after revaluation than they paid in 2021 could qualify to receive a check for the difference. The minimum amount of assistance available was $50. The City allocated $250,000 for the initiative. During the program’s two-month run, more than 300 applications were submitted.

I love the place – especially with me being disabled, the problem I have is handicap-accessibility,” said Charles, a resident. “My favorite thing about being here so far is the accessibility to everything in my apartment. Like the bathroom is handicap-accessible – you have the bench that folds down in the tub, and then you have the safety rails to help you get out of the tub – that’s an asset. Like I said, with limited mobility, it’s all a plus for me.

Redhill Pointe Affordable Apartments Open

With more than 900 applicants, it only took a few months to rent out all of Redhill Pointe’s 84 affordable apartment homes, located on W. Vandalia Road. Twenty-one of the units are rented to households at or below 30 percent of area median income.

— Charles

Redhill Pointe Resident

The development, which opened this year, was made possible by a gap subsidy loan of federal Home Investment Partnership Act (HOME) funding by the City of Greensboro.

RESIDENTS RECEIVED HOMEBUYER EDUCATION 581 Numbers BY THE

HOMEBUYERS ASSISTED 76 84

UNITS UNDER CONSTRUCTION OR REHABILITATION 519

AFFORDABLE HOUSING UNITS CREATED

9