Riverwoods site graphic

Despite ‘physical anxiety,’ Council approves 416-unit South Asheville subdivisio­n

“When I say I literally have physical anxiety about supporting this project, that is real and true,” said Council member Keith Young, citing his concerns over a lack of affordable housing in the Riverwoods development. “A part of me really feels like I’m letting folks down by approving this project.”

Two hotels face Council scrutiny at Dec. 11 meeting

Two lodging projects will be up for debate: a 56-room hotel spread across four buildings on Biltmore Avenue downtown and a 170-room project on Fairview Road in Biltmore Village. The first proposes to convert three historic houses into accommodations and construct a new five-story structure with a restaurant, while the second would build a new six-story building.

CIBO affordable housing panel

No easy fix for affordable housing at CIBO breakfast

“Unless you are using the city and county tools and financing from either the city’s housing trust fund, the county’s affordable housing fund or some kind of funds from a taxpayer project,” real estate developer Kirk Booth told around 40 people at the Council of Independent Business Owners’ Dec. 6 breakfast meeting, “it’s not going to happen.”

Rev. Jim Abbott

Asheville shows proposals for affordable housing on city-owned land

The three parcels currently being considered for affordable housing are on South Charlotte Street, where the city currently has its Public Works Garage and Fleet Management facilities; on Biltmore Avenue at the old Matthews Ford site and on Riverside Drive at the “Ice House.” Up to 550 new affordable rental units could be developed.

Comprehensive Plan map of urban centers

Asheville City Council expands affordable housing incentives

The Land Use Incentive Grant point maximum will increase from 140 to 200, with every 10 points worth a rebate of one year of city property taxes above a property’s pre-development total. But developers will also face stricter conditions when applying for LUIG money: The minimum period for which a project must guarantee affordable housing will increase from 15 to 20 years.