TITLE
Title
APPROVE RESOLUTION TO REALLOCATE $125,580 HOME INVESTMENT PARTNERSHIPS PROGRAM FUNDS FROM 2018 PROGRAM YEAR ALLOCATION TO THE CITY OF GREENSBORO AS ADMINISTRATOR OF THE GREENSBORO AND GUILFORD COUNTY HOME CONSORTIUM FOR AFFORDABLE, PERMANENT SUPPORTIVE HOUSING
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SPONSOR
Sponsor
J. Leslie Bell
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BACKGROUND
Background
As part of the Greensboro (City) and Guilford County HOME Consortium, Guilford County (County) has $125,580 from its 2018 Program Year allocation of the HOME Investment Partnerships Program, which can be used for the public purpose of increasing the availability of affordable housing. Approval of this request reallocates Guilford County's 2018 Program Year funds of $125,580 to the City of Greensboro. The City of Greensboro has committed funds to support the adaptive reuse and rehabilitation of property at 817 Summit Avenue for a ten (10) unit affordable, permanent supportive housing project to be known as Fourteen Friends Place.
With Greensboro serving as the HOME Consortium administrator, coupled with the City Council committing more than $2.9 million at its January 20, 2026 regular meeting (see attached City of Greensboro Resolution) as a staged forgivable loan from Housing Opportunities for Persons with Aids (HOPWA) funding, the reallocation of the County’s $125,580 HOME program funds will meet HOME Investment Partnerships Program requirements in recognition of the community health benefits which can be achieved through stable housing. As Home Program Consortium administrator, the City of Greensboro will manage all compliance responsibilities related to the use of these dollars.
The Triad Health Project (a non-profit organization with locations in both Greensboro and High Point) is located near the site (801 Summit Ave., Greensboro), has a long history of serving the target population, and will serve as a primary service provider. Additionally, the City has indicated that the adjacent Dunleath neighborhood has expr...
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