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ASHEVILLE - A new, mixed townhome and single-family development has moved forward in its approval process, with a bonus that the development has the goal of being 75% affordable.
The condos would've been for sale, where Palmer said one-bedroom units would've sold for $199,000 and two-bedroom units for $239,000 during a 2020 city council meeting on the development.
County-owned properties at 50 and 52 Coxe Avenue in downtown Asheville have also seen affordable housing pitches in the past year, with a recent presentation outlining two plans the county may ...
In the past decade, from fiscal year 2013-14 to 2022-23, City Council approved 5,181 housing units, 1,451 of which are slated to be affordable at 80% AMI or lower.
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A new Affordable Housing Plan is intended to pave the way for the next five to 10 years as Asheville attempts to address a burgeoning crisis.
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