Press release from the city of Asheville:
The City of Asheville’s Community & Economic Development Department is accepting applications for funding from the City of Asheville’s Housing Trust Fund. Funding is available for affordable housing development, rehabilitation or preservation of affordable housing units within Asheville’s City limits.
The Housing Trust Fund was created in 2000 to provide a source of local funding to assist in the development of affordable housing in Asheville. Assistance is made available in the form of repayable loans at a low rate of interest. Nonprofit and for-profit developers are invited to apply for funding.
The Housing Trust Fund has assisted in the development of several affordable housing developments the past several years, including large multi-family developments of 60 and 120 units and smaller 6-unit developments, all for households in need of affordable, sustainable housing in Asheville.
Visit this link to apply: http://www.ashevillenc.gov/Departments/CommunityEconomicDevelopment/CommunityDevelopment/FundingPrograms/HousingTrustFund.aspx
Applications are due by 5 p.m. Jan. 2, 2017, and must be submitted electronically to cdapplications@ashevillenc.gov. Applications are scheduled to be reviewed by the Asheville City Council’s Housing and Community Development Committee at their January 17 meeting, with awards made by the Asheville City Council.
For more information, contact Chris Hnatin, in the City of Asheville Community Development Division, at 828-259-5728 or email chnatin@ashevillenc.gov.
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.