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:
We studied and presented four types of housing that can work well within the City of Greenville once zoning is adjusted.
The breadth and depth of concern in the public sector is focused on solutions that open the city to fresh opportunities for
affordability.
Creative private investment represents a tremendous opportunity to create change by revolutionizing the typical affordable housing proforma.
During our conversation, several ideas were discussed and implementation recommendations were listed. Some of these ideas are already in the works, others are ideas that we will push forward by meeting with our local leaders to discuss viable options.
Now that we have researched and discussed affordable housing options, zoning challenges and financing, we will begin working on these action items. To do this, we will work with the City and County of Greenville, The Urban Land Institute, and our local leaders an business owners.
We know affordable housing is at the forefront of Greenville’s Downtown Strategic Plan.
Our community is ready to take action.