September 24, 2019Asheville City Council
From the minutes, not yet reviewedWhat it does
Lets the City Manager acquire 0.28 acres of property along Broadway from the N.C. dept. of Transportation.
- Passed with the routine items, in one vote, without discussion.
- Who it's for: Households earning up to 60% of the area median income: up to $61,440 a year for a family of four, or $43,020 for one person (HUD's 2026 income limits for tax-credit housing in the Asheville area).
More from the minutes
- “Reed Creek Greenway Plaza proposed to build a mixed use, mixed-income community with 38 total residential units, of which 8 units are to be affordable to households at 60% AMI. At the time, the developer agreed to a 25 year deed restriction on the affordability of those 8 units.”
- “The developer has agreed to extend the term of affordability to 30 years for the 8 units planned within the new housing community.”
- “Supports the development of affordable housing within a mixed-income, mixed-use community, in a location that has access to jobs, transit, goods, and services.”
Official title: Resolution authorizing the City Manager to acquire 0.28 acres of property along Broadway from the N.C. dept. of Transportation
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Vice-Mayor Wisler and carried unanimously.
Read the motion as recorded
“RESOLUTION NO. 19-215 - RESOLUTION AUTHORIZING THE CITY MANAGER TO ACQUIRE 0.28 ACRES OF PROPERTY ALONG BROADWAY FROM THE N.C. DEPT. OF TRANSPORTATION”
Open the minutesConsent agenda, item D