The second in a three-part series on innovative models for promoting affordable homeownership sponsored by the city of Asheville focused on housing cooperatives. The May 4 education and information event provided perspectives from national experts as well as representatives of the Dulce Lomita Mobile Home Cooperative in Asheville.
While 2016 statistics show increasing availability in the area’s rental housing market, Asheville renters say their choices remain limited and prices steep. Several city initiatives — including a $25 million affordable housing bond referendum approved by voters in November — aim to bolster the supply of affordable housing, while some private-sector players are pursuing similar goals.
For the 2015-2016 program year, the city of Asheville received $1,083,621 in CDBG funding, and on March 17, the Asheville Housing and Community Development Committee listened to presentations from area applicants.