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Council approves conveyance and CHDO agreement to build affordable homes in South Side
Summary
High Point City Council approved a resolution and CHDO agreement to convey five lots to Community Housing Solutions of Guilford and provide $230,737.70 in city gap financing for construction of three single-family affordable homes in the South Side community.
High Point City Council approved a conveyance resolution and Community Housing Development Organization (CHDO) agreement that will transfer five parcels in the South Side neighborhood to Community Housing Solutions of Guilford and provide city gap financing for construction of three single-family affordable homes.
Community Development Director Nina Wilson presented the item as “consideration of an agreement and resolution regarding conveyance of property for affordable housing…
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