The City of Greenville is seeking to increase the supply of affordable housing for low- to moderate-income residents. The City will, through a competitive process, accept applications from qualified developers approved by the NC Housing Finance Agency for the production of new Affordable Rental Housing that serves families and individuals with incomes between equal to 60 % or less the area median income, adjusted by family size as defined by the U.S. Department of Urban Development for 2025. Awarded projects must meet the income guidelines and other requirements of the U.S. Department of Housing and Urban Development. Key features of the developer proposal submitted shall consist of but not limited to the following elements: A. Experience of the Development Organization with Key Personnel B. Financial Feasibility, Leveraging, and Development C. Preliminary Site Development along with an executed Option to Purchase contract if ownership is not controlled at the time of the submittal showing site control D. Preliminary Design of the facility, units, with common areas and features E. Proximity to Community Features, such as schools, bus stops, health care services, grocery stores, drug stores and the like F. Inclusion of supportive services G. Project readiness
