Buncombe County Commissioners Commit $749K for Affordable Housing Project

Press release from Buncombe County:

The Buncombe County Board of Commissioners continues to pursue affordable housing opportunities with approval of a new project. On Feb. 1, Commissioners unanimously approved dedicating $749,000 for an affordable housing project on Haywood Road in downtown Asheville that should yield 45 apartments. This move comes on the heels of Commissioners hearing about recent community survey results that affirm the Board’s continued prioritization of this issue.

“I’m personally very excited about this project. It is permanent, deeply affordable housing,” said Commissioner Amanda Edwards. Piggybacking on her comment, Commissioner Whitesides noted, “This is hopefully the start of many permanently affordable projects… permanently affordable is what we need.”

The funding comes from part of Buncombe County’s ARPA money, which has been used for additional affordable housing projects. The City of Asheville and Dogwood Trust will also be contributing to this initiative. You can read more about the Haywood Street project here.

Other ARPA-funded affordable housing projects

  • Days Inn: 85 permanent supportive housing units in East Asheville
  • Lakeshore Drive: 120 affordable apartments in Arden
  • Habitat for Humanity: 43 homeownership units in Arden and West Buncombe
  • Emergency Home Repair: Countywide effort
  • $7,545,231 committed as of Feb. 1
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