Asheville City Council will be asked to add its piece of a $39.7 million redevelopment puzzle on Tuesday evening. The 2016 General Obligation Housing Bond will provide $1.82 million, while $1.38 million will come from the city’s general fund and $1 million will be spent from the Affordable Housing Capital Improvement Program.
Tag: local historic districts
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It takes a village to preserve a city
Various tax credits and preservation easements offer financial benefits to owners of historic properties; advocates also tout broader benefits, such as job creation, the reduced environmental impacts of restoration versus demolition, and the intangible value of connecting the present with the past.