April 28, 2026Asheville City Council
Council rezones 50 Coxe Ave for 203 affordable homes.
Council voted to rezone 50 Coxe Ave for 203 affordable homes.
- Passed. Everyone present voted yes.
- Who it's for: Households earning up to 20% of the area median income: up to $20,480 a year for a family of four, or $14,340 for one person (HUD's 2026 income limits for tax-credit housing in the Asheville area).
What this changes: This allowed a 203-unit development with every unit affordable for at least 30 years, with the lowest tier set at 20% of area median income, the deepest affordability in the reviewed record.
Official title: Rezone 50 Coxe Ave for 203 affordable homes
Carried unanimously
From the minutes: This motion was seconded by Councilwoman Roney and carried unanimously.
What was voted on
conditionally rezone 50 Coxe Ave for a 203-unit, 100% affordable mixed-use development, with an amendment setting unit income tiers (11 units at 20% of area median income; 35 at 30%; 113 at 60%; 44 at 80%) for at least 30 years. Motion by Vice-Mayor Mosley, seconded by Councilwoman Roney.
Open the minutesItem IV.A