News-Record.com

This afternoon, Greensboro's Community Resource Board met to recommend how the city will dole out $907,793 in federal housing grants. Every year, the CRB makes a recommendation to the City Council about which programs to fund in the annual budget, which is approved in June.

The city asks housing developers and nonprofits to put in their proposals, and the board decides which ones will get to drink from the limited kettle of money.

This year, the CRB recommended funding for the following projects:
-$506,131 for an affordable rent housing complex off McKnight Mill Road called Windhill Court. The money would help leverage state and federal tax credits to build another 64 units there. It is being developed by Affordable Housing Management, Inc.
-$291,662 to subsidize down payments for about 23 homes to be built by Habitat for Humanity.
-$110,000 to Housing Greensboro Inc. to buy and repair two homes, which will be resold to Habitat for Humanity for affordable housing.

Losing out are three requests: another 46-unit affordable rent housing project directed by Beacon Management, $490,000 for site development costs at a Habitat for Humanity development along Flemingfield Road and $45,900 for operational support for Housing Greensboro Inc.

The council will vote on the recommendations on May 3, when they will have the option of adopting or changing the CRB's recommendation.