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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 project was unanimously approved during the March 6 Planning and Zoning Commission meeting, where commissioners heard the projects goals to bring both affordable housing, conservation and ...
The Housing Trust Fund was established by the city of Asheville in 2000 to help fund "approximately 1300" affordable units in the area, according to the city of Asheville website.
ASHEVILLE - A 100% affordable housing development has been approved for 2236 U.S. 70 in Swannanoa. The development will dedicate all of its units to housing those above the age of 55.
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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