Winston-Salem Choice Neighborhood
What's in the Works?
Working hand in hand with our residents and community stakeholders, and catalyzed by a $30m grant award from the United States Department of Housing and Urban Development (HUD), the City of Winston-Salem (City) and the Housing Authority of Winston-Salem (HAWS) have embarked upon a 6-year journey to revitalize and transform the Northeast community of Winston-Salem. In order to facilitate the overall $750m Choice Neighborhood Initiative Project, HAWS has retained the services of McCormack Baron Salazar and Urban Strategies, Inc to assist in the implementation of this ambitious community-wide transformation effort. Our residents, community stakeholders, the City and HAWS have committed to pursue the revitalization of the Cleveland Avenue neighborhood in a manner that honors and builds upon the strengths and integrity of the existing community so that a brighter, more vibrant future can be fully realized.
This development will bring 406 units of high-quality housing in Winston-Salem for individuals and families with low and moderate incomes.
Economic & Tax Benifits
This project will utilize low-income housing tax credits from the North Carolina Finance Agency and bring over $126MM in total development cost over 5 phase to the Winston-Salem community.
This project will create local employment opportunities for Section 3 & MWBE business and utilizes the skill sets from many local firms for its development.
What's Happening Next?
The project team has developed a 5-phase housing plan to bring 406 units of new housing to the community. Phase 1 is currently underway and vertical construction has begun! Please check the Timeline for upcoming events.