Greensboro’s affordable housing is in short supply
GREENSBORO, N.C. — Affordable housing in the city is growing more scarce while demand is rising, a new report shows.
Ethnic minorities have the lowest access to affordable housing and continue to be concentrated in the city’s lowest opportunity areas, according to a more than 200-page report presented last week at a Greensboro City Council work session.
Barbara Harris, director of neighborhood development, said the report shows low-income people struggle to find and keep decent, affordable housing even as the economy slowly improves.
“One thing we have to be aware of is that coming out of the downturn of the economy, a lot of people lost their homes,” Harris said. “They’re now looking for housing and are creating a demand at a different income level.”
The report tracks the availability of multi-family housing — the category most in demand among lower-income families.
Read more: Greensboro News & Record