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.
At a sold-out event in downtown Asheville, NPR journalist Michel Martin and local panelists reflect on what happens when your hometown gets hot.
At its Nov. 11 meeting, City Council approved a request to alter terms of the city’s support for a troubled mixed-use development on Eagle and Market Streets. As part of the modification, the city agreed to allow the developer to make 24-30 of the project’s 62 units into workforce housing. Originally, all 62 units were designated affordable housing.