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Governor Josh Stein has signed an executive order outlining priorities for strengthening housing access and affordability.
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So far this cycle, there have been nearly 12,000 property value appeals. That's more than twice the number during the last revaluation period in 2022.
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The historic downtown building had been left vacant for over a decade.
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A nonprofit has submitted a proposal to purchase Crystal Towers for $1. A committee that includes current residents is set to review the plan next week.
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The announcement comes a day before newly-confirmed Department of Homeland Security Secretary Markwayne Mullin is scheduled to visit the area.
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The change comes as the county continues to experience significant growth.
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Property owners in Guilford and Davidson Counties have recently received property tax revaluation notices for 2026. Property Tax Attorney John Cocklereece with Bell, Davis & Pitt Attorneys in Winston-Salem talks about the process of filing a successful tax revaluation appeal.
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The development will bring more than 100 new, mixed-income housing units to the Northeast Ward in the city.
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A study by the National Low Income Housing Coalition shows that all 50 states are experiencing this challenge.
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The shift comes as the city moves away from its Doorway Project to sharpen its focus on addressing the challenge.
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A virtual event led by Leadership Winston-Salem will explore the hurdles and opportunities shaping housing today.
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According to the report, more than half the homes in the Piedmont Triad are cost-burdened.