Affordable Housing Loan Committee Special Meeting November 2, 2026

The City of Greenville Affordable Housing Loan Committee’s special meeting, identified in the metadata as November 2, 2026 (the transcript refers to November 4), approved a $40,000 city home grant loan for Madeline Pierce to purchase a newly constructed home at 3304 Sunstone Way, Unit 1, in Winterville. The home’s sale price and appraised value were both $242,240. The loan is forgivable at 1/15 per year; Pierce is a one-person household with income below 80% of area median income and is also receiving $15,000 in North Carolina Housing Finance down-payment and closing-cost assistance. The committee approved the grant by a 4–0 vote. No vendor selection, contract award, or other procurement activity was identified.