“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.”
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.
At Asheville City Council’s upcoming regular meeting on Tuesday, Sept. 11, officials will consider a resolution updating council strategic priorities for the 2018-19 fiscal year.
On Tuesday, Oct. 25, Asheville City Council will consider new rules that would limit acoustic performances in two of the city’s most popular busking areas, the sidewalk on Haywood Street in front of Woolworth Walk and the Flat Iron at Battery Park Avenue and Wall Street. Also: a grant to support affordable housing development on Simpson Street and a change to the city’s signage ordinance.
On Sept. 27, Asheville City Council will consider downtown development review standards, a zoning request from the Greater Works Church of God, a zoning amendment limiting the height of buildings in the navigable airspace of the Asheville Regional Airport and a resolution in support of the Standing Rock Sioux tribe.