Guilford County Schools was awarded a $500,000 grant for its plan to address the issues of affordable housing, education and economic mobility.
Guilford County Schools (GCS) won a $500,000 contract award that will be used to teach students job skills that address the affordable housing issue.
More than 200 applicants were vying for a contract award from Fannie Mae Sustainable Communities Innovation Challenge. GCS’s entry of Safer Together Green Housing was impressive enough to win one of five awards.
Applicants were tasked with finding the best ways to tackle affordable housing, education and economic mobility.
“The five ideas we selected bring new solutions to bear on stubborn housing-affordability problems,” said Maria Evans, vice president of Sustainable Communities Partnership and Innovation, Fannie Mae. “The impact that housing has on individuals' access to stable, quality education and well-paying jobs is fundamental to understanding and addressing the affordable-housing crisis."
GCS’s winning plan will make use of the school district’s construction program and team up with various agencies for the housing aspect of the plan. Ultimately, the project will result in the rehab of 40 homes annually, broadening the construction program by increasing the number of students who graduate, and serving as a model for other schools across the country.
It will also serve as an extension of the Invest Health project that has resulted in more than $4.5 million to help bring neighborhoods back to life.