How Are We Creating Change in Affordable Housing?

It started with a conversation.

Our workforce is made up of teachers, police officers, bank tellers, hospitality workers, and others who eagerly serve the community in a variety of ways. The salary range for this workforce is typically far lower than the Median Family Income (MFI), thus the rents they can afford are far lower than the market rate apartments in town. To address this developing crisis, we framed three connected discussions:

1 » Design Improvements:

We studied and presented four types of housing that can work well within the City of Greenville once zoning is adjusted.

2 » Zoning, Policy, Education:  

The breadth and depth of concern in the public sector is focused on solutions that open the city to fresh opportunities for affordability.

3 » Proformas that Work:  

Creative private investment represents a tremendous opportunity to create change by revolutionizing the typical affordable housing proforma.