Construction Begins On 16-Unit Affordable Housing Community in Greensboro

Affordable Housing Management, Inc. has begun construction of a 16-unit community in Greensboro:

Affordable Housing Management, Inc. (“AHM”) announced it recently began construction on Hope Court, a 16-unit supportive apartment community located near the intersection of Gate City Blvd. (High Point Rd) and Holden Road.  The property will offer one, two, and three bedroom non-smoking apartments affordable to individuals and families earning below fifty percent (50%) of Area Median Income. Six units will be reserved for households with a disabled or formerly homeless member…

Hope Court is funded by the City of Greensboro, the North Carolina Housing Finance Agency (NCHFA) – Supportive Housing Development Program, and AHM. Additionally, grants were provided by Federal Home Loan Bank of Pittsburgh, Wells Fargo Foundation, Community Foundation of Greater Greensboro and the Lookout Foundation.