North Carolina Construction News staff writer
Greensboro has surpassed the halfway mark in its effort to support the development of 10,000 new housing units by 2030, with more than 5,000 units completed or in the development pipeline in the initiative’s first 18 months.
The milestone was announced by City Manager Trey Davis as the city released its Housing and Neighborhood Development Department’s 2025-26 annual report, which details affordable housing construction, rehabilitation and homeowner assistance programs.
Launched in February 2025, the Road to 10,000 initiative brings together public and private partners to expand housing options across a range of price points and housing types. The program also aims to identify opportunities to streamline the development process.
The city says the initiative is intended to address housing demand as employers expand or establish operations in the region. Companies including Boom Supersonic, Toyota and JetZero have announced projects with potential investments totalling $11 billion.
“Reaching this milestone ahead of schedule is an encouraging sign that Greensboro is moving in the right direction,” Davis said. “Housing is fundamental to the success of our community. It affects our ability to attract and retain talent, support our workforce, grow our economy, and ensure that people at different stages of life have opportunities to call Greensboro home.”
The annual report outlines several housing development and rehabilitation activities undertaken during the 2025-26 fiscal year:
- 52 homes created
- 43 homes rehabilitated
- 244 homes under construction or rehabilitation
- 361 homes in predevelopment
In April 2026, City Council approved more than $8.1 million in federal program funding and local housing bond dollars for six affordable multifamily housing developments.
The projects include four new construction developments:
- Ellington Place: 75 apartments
- Graceview Apartments: 84 apartments
- Phillips Avenue Apartments: 59 apartments
- Southgate Market Apartments: 120 apartments
Funding was also allocated for rehabilitation of Partnership Village, with 56 units, and Richardson Village II, with 24 units.
The six developments represent 418 housing units, including 338 new apartments and 80 units to be rehabilitated. Construction was anticipated to begin in fall 2027, subject to additional financing and other requirements.
The department also reported progress on homeownership and neighbourhood improvement programs. During the fiscal year:
first-time homebuyers received a combined $1.83 million in down payment assistance
- 523 residents received homebuyer education
- 34 homes underwent repairs through the Home Repair GSO partnership
- 10 homes received lead paint hazard remediation
- 40 homes received energy efficiency improvements
Supportive housing was another focus, with the department partnering with local organizations, including the Servant Center, to provide housing and medical respite services.
The department reported that 68 people secured housing through rapid rehousing services, while 1,255 people received temporary shelter.
“As the city grows, so does the demand for quality, affordable housing,” said Housing and Neighborhood Development Department Director Samuel Hunter. “The Housing and Neighborhood Development Department stands committed to meet this demand through strategic partnerships, innovative programs, and responsible investment.”
The full 2025-26 annual report is available online. More information about the Road to 10,000 initiative is available at gsoroadto10k.com.