“Instead of begging developers to make 20% of their units affordable, we can build the amount we need, and keep them affordable indefinitely.”
Tag: Affordable housing
Showing 1-21 of 190 results
County allows manufactured homes in more districts
The Buncombe County Board of Commissioners unanimously approved a zoning amendment that allows manufactured homes in more county residential districts.
Local News Puzzle Page
ASHEVILLE, N.C.
Budget outlook challenges Council at annual retreat
“This may hurt some feelings, but you can no longer operate the city of Asheville like it’s the Oprah Winfrey talk show, where you get a car and you get a car,” said Council member Keith Young, referencing the daytime TV host’s famous giveaways. “As much as we love all these programs and trying to help the public good… this is the time to close the bank.”
Down payment assistance gets unanimous Council backing
The $1.4 million program, unanimously approved by Council members at their Feb. 26 meeting, offers no-interest loans of up to $40,000 for low- and moderate-income borrowers to make down payments on single-family residences within Asheville city limits.
Council to consider down payment assistance at Feb. 12 meeting
The Down Payment Assistance Policy could provide $1.4 million, in no-interest loans of up to $40,000 each, toward mortgages on single-family residences within Asheville city limits. The policy is meant to promote homeownership opportunities among “moderate- and lower-income families” making up to 120 percent of the area median income.
Campbell lays out Asheville to-dos at her first CIBO breakfast
Since leaving her previous role as Charlotte’s assistant city manager to take the Asheville job in December, Campbell said, she has focused on meeting as many community stakeholders as possible. Those discussions, she explained, have led to a slate of priorities with the common theme of making the city “the best partner that we can be.”
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.”
Bull what?
ASHEVILLE, N.C.
(SATIRE) Xpressers’ almanac: Predictions for the coming year
2019 prediction: Town of Biltmore Forest will greatly expand its influence in county government by allowing trees to vote.
2018 in review: What mattered for affordable housing in WNC
With apologies to Jane Austen, it is a truth universally acknowledged that a resident of Western North Carolina in possession of little fortune must be in want of affordable housing. In 2018, governments and organizations throughout the area tried to tackle the problem with a range of creative solutions.
Not in Charlotte anymore
ASHEVILLE, N.C.
Letter: How do we see Ashevilleans who need affordable housing?
“Demand for affordable housing is high because of the sum of our individual actions.”
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.
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.”
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.
Asheville City Council approves ownership approach to Hilliard affordable housing
Due to construction cost increases that made rentals infeasible, the Kassinger Development Group proposed a for-sale condo plan. Of 64 total units, 33 would be affordable, with the city providing support through a $1.28 million Housing Trust Fund loan and a $375,000 discount on the land itself.
Habitat to build multifamily housing in Candler
A new Asheville Area Habitat for Humanity development in Candler will mark the organization’s first foray into constructing multifamily homes. The move is necessary, the nonprofit says, to meet the area’s need for affordable housing in the face of high land prices.
Council considers renewable energy goal at Oct. 23 meeting
The resolution would commit city government to meeting all of its energy needs from 100 percent renewable sources by the end of 2030. A previous version also called for all energy demand in the city to make the renewable transition “as soon as practicable,” but this goal is absent from the language Council will vote to approve.
Net housing increase
ASHEVILLE, N.C.
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.