City of Greensboro Housing Bonds ReferendumBorrow up to $5 million for housing for people with low or moderate incomes
What your vote means
The City of Greensboro may borrow up to $5 million for housing for people with low or moderate incomes, and may raise property taxes to pay it back with interest.
The City of Greensboro may not borrow this money with these bonds.
Our one-line summary of the official wording.
In plain words
Our summary of the official materials and local reporting.
- A bond is a loan. Voters are asked whether the City of Greensboro may borrow up to $5 million, plus interest, for housing for people with low or moderate incomes. source: ncsbe.gov (State Board of Elections)
- The official wording says property taxes in the City of Greensboro may go up to pay the loan back. source: ncsbe.gov (State Board of Elections)
Cost: Up to $5 million borrowed, repaid with interest from property taxes in the City of Greensboro. Official estimate of the total cost with interest, using the highest interest rate of the last 20 years: $8,063,912. Official estimate of the property tax increase: $1.20 a year for each $100,000 of property value.
Why people want it, and why others object
Why supporters want it
No public statement found.
Why opponents object
No public statement found.
Who backs each side
No public record found of a campaign committee or campaign money for either side.
In each side's own words where we could find them, quoted or summarized with a link to the source. We don't endorse either side.
What you will see on your ballot
Official ballot wording, word for word (tap to open)
Word for word from the State Board of Elections' official list of local referendums for Nov 3, 2026: ncsbe.gov (State Board of Elections) .
Additional property taxes may be levied on property located in the City of Greensboro, North Carolina in an amount sufficient to pay the principal of and interest on bonds if approved by the following ballot question. Shall the order adopted on August 3, 2026, authorizing $5,000,000 HOUSING BONDS of the City of Greensboro, North Carolina, plus interest, for the purpose of providing funds, together with any other available funds, for acquiring, constructing, improving, rehabilitating and equipping multifamily and single family housing units in said City, principally for the benefit of persons of low and moderate income, including, without limitation, housing or neighborhood revitalization and permanent supportive housing programs and the providing of loans, grants or other financial assistance to such persons and to developers and other public and private providers of housing, and providing that additional taxes may be levied in an amount sufficient to pay the principal of and interest on said bonds be approved, in light of the following: (1) The estimated cumulative cost over the life of said bonds, using the highest interest rate charged for similar debt over the last 20 years, would be $8,063,912, consisting of the $5,000,000 principal amount of said bonds, plus $3,063,912 of estimated interest. (2) The estimated amount of property tax liability increase for each one hundred thousand dollars ($100,000) of property tax value to service the cumulative cost over the life of said bonds provided above would be $1.20 per year.
- Yes
- No
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