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The credits, along with other financial awards, will also support nearly 22,000 jobs.
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The event will provide food, clothing, and medical resources for those experiencing homelessness.
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Following the COVID outbreak, the presidential race, and the initial wave of Trump’s tariffs, the Triad housing market could finally be getting back into balance.
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The initiative is part of a larger development proposed by the church that includes housing.
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The recently signed order aims to make it easier for states and cities to remove encampments and push the unhoused into treatment facilities.
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A full-time worker in the state must make over $27 an hour to afford a modest, two-bedroom apartment, according to the National Low Income Housing Coalition.
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The decision comes a month after residents filed a lawsuit against the city over a similar proposed development.
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Ortiviz previously served as the housing organization's executive vice president of operations.
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Two Saturday Night Live stars will headline the show, with all proceeds going toward helping people find housing.
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The city council approved a rezoning in a largely single-family community in April that would allow for a townhome development.
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Kevin Cheshire's decision to step down after five years in his role comes as the organization rebrands and looks to turn a new page.
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The organization — now called Aspire — celebrated what it hopes to be a new chapter, but just a short distance away, advocates held a rally calling for improvements in public housing.