In November, voters will have the opportunity to impact the quality and quantity of housing in Greensboro by voting on a $25 million housing bond. According to the City of Greensboro, the funds from this bond will be used to leverage more than $54 million in additional funding from private mortgages, federal and state development funds, Low Income Housing Tax Credits, local or private development funding, foundations grants, donations and in-kind services, as well as cost savings to non-profits. This bond and the leveraged funds will provide much needed funds to expand and improve existing programs and create new ones. Among the initiatives that will receive funding are: more workforce housing; a repair program to rehab housing that does not meet safety and building codes; new affordable housing developments; programs to assist handicapped accessibility and housing for special populations; supportive housing units for homeless, disabled, and Veterans, homebuyer lending programs, emergency repair programs for low-income homeowners; assistance to multi-family home repair; and rehabilitation programs for homeowner.

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