Report: Pandemic Likely To Worsen Greensboro's Affordable Housing Crisis
A new report suggests the City of Greensboro is facing an affordable housing crisis.
The research, done by consulting firm HR&A Advisors, was presented to the city council on Tuesday. It revealed that in 10 years, the city may need as many as 11,000 housing units for low-income families.
The estimate was made before the COVID-19 pandemic caused a deep recession. HR&A Consultant Philip Kash said that number would likely increase if its effects were taken into account.
“No one knows exactly how this crisis is going to play out," he says. "But there are certainly expectations that a large significant portion of jobs that are lost will simply not come back. Anywhere from a quarter to a third are estimated to not be coming back ... we expect that to really impact unemployment and evictions and foreclosures.”
Kash said the council should immediately focus on supporting emergency rental assistance, legal aid, and rehousing assistance programs.