Housing & Neighborhood Development Annual Report 2024-25

In the Community

Road to 10,000 Initiative Greensboro City Manager Nathaniel ‘Trey’ Davis announced the ‘Road to 10,000’ initiative in February 2025 in response to the continued growth in the region and its urgent need for increased housing.

Department Reorganization

New City Manager Nathaniel ‘Trey’ Davis spearheaded a reorganization of the Housing and Neighborhood Development Department soon after assuming the post in October 2024. Several divisions exited the department, including Code Compliance and Homelessness Prevention Services. The shift of programs coincided with the City’s Road to 10,000 initiative and allows the department to center its focus on the development and accessibility of attainable housing for Greensboro residents. The department consists of the following three divisions: Neighborhood Investment, Neighborhood Reinvestment, and Grants and Finance. A national search identified former Winston-Salem Assistant Director of Neighborhood Services Samuel Hunter as the new department director. Hunter begins his tenure in September 2025.

The plan calls for creating 10,000 new housing units in Greensboro, which amounts to approximately one-third of the units Guilford County needs to acquire by 2030. The initiative aims to foster a vibrant, inclusive, and sustainable community by ensuring access to diverse housing options that support all income levels, attract new workforce talent, and strengthen neighborhoods. The Housing and Neighborhood Development Department will continue to serve the community’s interests by creating and preserving affordable and attainable housing. In fiscal year 2024 25, the department financed 264 affordable rental units now available for residents. The Road to 10,000 project’s initial phase established a work group, comprised of City staff and key stakeholders, tasked with the following action items: • Identify the City’s existing inventory of properties, areas of potential development, and interested developers • Evaluate barriers and where the City may better support development • Provide recommendations for next steps, to include stakeholder participation The desired outcome of producing 10,000 dwellings in the immediate future will be accomplished through strategic partnerships, thoughtful planning, and a shared commitment to innovation.

Affordable Housing.............................................8 Access to Homeownership.............................10 Index

In the Community................................................2 Supportive Housing............................................4. Neighborhood Reinvestment ......................... 7

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