“If the rates were lower than $1,000 per unit and there was more than a 20% allotment for the number of eligible units, I would encourage supporting the proposals.”

“If the rates were lower than $1,000 per unit and there was more than a 20% allotment for the number of eligible units, I would encourage supporting the proposals.”
“Someone’s making money off of this deal, and it does nothing for our vulnerable populations needing affordable housing. Nothing.”
Two microapartments developments, with individual housing units averaging about 250 to 350 square feet, have been approved for nearly $2.5 million of Land Use Incentive Grant funding. The developments have sparked debate among city officials and residents over whether microhousing is truly a solution to the affordable housing crisis.
At its July 25 meeting, Asheville City Council awarded a $1.9 million tax abatement to Aston Flats, a 231-unit microapartment development. The funding is through the city’s Land Use Incentive Grant. The approval came despite staff recommendation to delay the project until new LUIG policies were established to address microhousing units.
Members will vote on whether to temporarily ban LUIG grants for microhousing projects — those with individual housing units smaller than a studio apartment, or about 400 square feet — until the city can develop new standards for the category.
Of 80 microhousing units, 16 would be designated as affordable for people earning at or below 80% of the area median income. However, developer David Moritz confirmed that market-price rent for all of the project’s units would be about $1,000 including utilities, meaning that the city-subsidized units would not immediately be cheaper for their tenants.
According to planning documents submitted with the city, the units will be no larger than 250 square feet.