Nussbaum Housing Partnership

For the last several years, the City has dedicated approximately one cent of the property tax rate (the Nussbaum Housing Partnership Fund) to ensure that Greensboro has a reliable source of funding for its housing programs. The fund allows Greensboro to pursue long-term planning— a luxury many communities don’t have. Annual income into the fund is estimated to be $1.3 million.

The fund supports several affordable housing projects including the Greensboro Affordable Home Loan Initiative, nonprofit lease-purchase and homeownership programs, and affordable rental projects.