Beyond the city’s loan of more than $48,000 for each of the 11 affordable units in West Asheville, which will be deferred for 30 years and accrue no interest, Homeward Bound is also seeking roughly $280,000 in commercial loans and has received $89,153 in federal HOME funding administered by the Asheville Regional Housing Consortium.
Four items on Council’s consent agenda aimed to improve how Asheville residents move about the city — and, thanks to a resolution supporting a statewide initiative for passenger rail in Western North Carolina, potentially across the country. The N.C. General Assembly could provide $890,000 to fund a bus connection between Asheville and Amtrak’s terminal in Salisbury.
