The City of Greensboro has just released a Request for Proposals (RFP) for the sale and redevelopment of the property at 817 Summit Ave. – which was formerly known as Summit Executive Center.
Anyone interested in the project has until the day before Halloween to send in their proposal.
“The City of Greensboro through the Housing and Neighborhood Development Department requests proposals from for-profit and non-profit developers for the acquisition and development of multifamily units located at 817 Summit Avenue in Greensboro,” the request reads. “The City of Greensboro seeks a developer to purchase and improve the property as affordable, supportive housing for individuals transitioning from homelessness with a particular focus on persons affected by HIV/AIDS.”
Greensboro officials note that the rehabilitation of the property is likely to be the most cost-effective option; however, the city will consider other options for housing development, as long as it’s “feasible” for both the site and the neighborhood.
There’s expected to be roughly $1.8 million in federal funding available to support the project. When these types of federal grant funds from the US Department of Housing and Urban Development are used to support permanent housing developments, there are only three legal ways to do it: the rehabilitation of existing structures, building community-based residences like congregant living or group home facilities, and, finally, the new construction of single room occupancy units.
Michelle Kennedy, the director of the City of Greensboro’s Housing and Neighborhood Development Department, said this is a continuation of the city’s effort to provide housing people can afford.
“Facilitating the development of affordable rental units like this project is critical in the face of increasing housing demands,” Kennedy stated in a press release this week announcing the RFP. “Part of our continued efforts is to ensure everyone in the Greensboro community – regardless of their financial situation – has access to quality housing options.”
The city has posted a current appraisal and a whole lot of other information at the project’s website: www.greensboro-nc.gov/HNDRFPs
Developers are being encouraged to inspect the property before submitting a response.
Federal Community Development Block Grant funds were used to buy the site, and Housing Opportunities for Persons with AIDS grant funds are expected to be used to help pay for the development of some form of affordable housing at the former Executive Center.
The Request for Proposals is asking for an overview of the development team’s structure and for clear identification of the lead developer as well as detailed documentation regarding the development team’s current financial position.
City staff will evaluate all completed responses and intends to select a recommended development team to enter into negotiations to reach a development agreement.
If Kennedy is involved, better have your auditors present 24/7.
Well, just sell the property at auction, and collect taxes from the new owner. then the new owner can develop the property as they see fit. That’s called free enterprise. Remember that? That is how the entire city was developed.
I think the property should be sold at a minimum cost since the property is not livable. I think the grant loan to renovate the property for low income housing for seniors citizens can have a place in town where public transportation, restaurants, stores to shop where they don’t have to spend a lot of money to get there. I think to if the property was fenced in it would be a more secure and safe place to live. I would love to buy the property with the backing of the grant loans from the government for the senior citizens. My name is Bernice Debray, I live at 830 West Market Street Apt 107 Greensboro NC 27401. I am 72 years old and I walk with a cane. I had stolen identity and is waiting to go to court to get my money back that was taken from me. It’s a place that is convenient to everything. My email is bernicedebray10@ymail.com. Thank you. Bernice Debray.
This is the property that the infamous Goldie Wells handed as a sweetheart deal to a City of Greensboro MWBE of the year (2023) vendor back in July.
MWBE buys property in May for $300k
Sells to City in July for $900k
Corruption at the highest level.
Can you say campaign donation.
corruption is the highest level ? encouraged to ‘inspect’ the property before acting – funny. i encourage everyone to inspect real estate before acting & stop the willy- nilly property purchases !
Hey, we gets what we voted for.
what a great spot for a garbage-can, porta-pot & seating for vagrants ! i drove out randleman rd for inspiration.