City of Asheville seeks public input on general obligation housing bonds

Press release from the City of Asheville:

To address the need for affordable housing, Asheville City Council included $25 million for housing in the voter-approved $74 million bond package passed in November. The City’s aim is to make City-owned land available affordable housing and increase funding for new affordable housing via the Housing Trust Fund.

The City of Asheville had a 2.7 percent rental housing vacancy rate in 2016, up from the 1 percent from 2014, upgrading the situation from a housing crisis to a shortage.

In anticipation of bond funds being issued, City Council has allocated $10 million of the General Obligation Housing Bond in direct project investment. The Housing and Community Development Committee has made recommendations for a breakdown of that $10 million. Now we are seeking community input!

Come get information about this initiative and provide your comments from 6-7 p.m. Aug. 8 at the Dr. Wesley Grant Sr. Southside Center, 285 Livingston St.

For more information, visit the City of Asheville’s Bond Project Information webpage or contact Community Development Director Heather Dillashaw at HDillashaw@ashevillenc.gov or 828-259-5851.

SHARE
About Community Bulletin
Mountain Xpress posts selected news and information of local interest as a public service for our readers. To submit press releases and other community material for possible publication, email news@mountainx.com.

Before you comment

The comments section is here to provide a platform for civil dialogue on the issues we face together as a local community. Xpress is committed to offering this platform for all voices, but when the tone of the discussion gets nasty or strays off topic, we believe many people choose not to participate. Xpress editors are determined to moderate comments to ensure a constructive interchange is maintained. All comments judged not to be in keeping with the spirit of civil discourse will be removed and repeat violators will be banned. See here for our terms of service. Thank you for being part of this effort to promote respectful discussion.

Leave a Reply

To leave a reply you may Login with your Mountain Xpress account, connect socially or enter your name and e-mail. Your e-mail address will not be published. All fields are required.