By Q News
The Affordable Housing Management is hoping to lower the homeless rate in Greensboro, North Carolina by adding more affordable housing and a new apartment complex.
The complex called Oakwood Park, will be a two story complex located in 2943 W. Vandalia Road. However the complex may not be completed until mid 2025 and it already has an ongoing waitlist. Morgan Waterman whom is a representative of the Affordable Housing Management is hoping to have the rent prices between 30 and 50% of the triads median income, but of course this will be adjusted to family size. The complex will also be located near popular restaurants and shopping center making them easily accessible.
The homeless rate in the triad has been an ongoing issue for several years, for example the Open Door Food Ministries located in High Point is also another one of many solutions the Triad uses to help the homeless. However, the poverty rates found on Open Door Ministries website was very alarming. In just 2023 alone, 75,000 meals were served, and 360 household were granted Emergency Financial Assistance, and lastly 1,819 homes were granted Emergency Food Aid.
The new apartment complex is set to be very nice and featuring several ammenties but all at a reasonable and lower cost, for those looking for more affordable housing. David Levy a spokesperson for the non profit said there are four different things individuals most qualify for in order to live in the complex, such as a household at risk of losing their home and also individual residents that do not have a nighttime residence.
It is our hope that the new Oakwood Park apartments will significantly decrease homelessness in the Triad.
