April 14, 2020Asheville City Council
From the minutes, not yet reviewedWhat it does
Lets the City Manager execute any agreements regarding donations to the Housing Trust Fund, with permission of the donor, to utilize those…
- Passed with the routine items, in one vote, without discussion.
More from the minutes
- “The City of Asheville occasionally receives donations to the Housing Trust Fund (HTF) from private individuals and companies to support and advance affordable housing efforts.”
- “The City of Asheville Housing Trust Fund program was established in September 2000 with the goal of providing low cost financial assistance to incentivize the development and preservation of affordable housing within the city limits for the benefit of moderate to low income individuals and families.”
- “Recently, individual pilot programs that have been vetted in the community have been identified as being in need of a capital injection for the program to enhance their efforts toward supporting and advancing affordable housing, including the development and preservation of affordable housing.”
Official title: Resolution authorizing the City Manager to execute any agreements regarding donations to the Housing Trust Fund, with permission of the donor, to utilize those funds in a different capacity in order to support and advance Affordable Housing efforts
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilman Kapoor and carried unanimously.
Read the motion as recorded
“RESOLUTION NO. 20-69 - RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE ANY AGREEMENTS REGARDING DONATIONS TO THE HOUSING TRUST FUND, WITH PERMISSION OF THE DONOR, TO UTILIZE THOSE FUNDS IN A DIFFERENT CAPACITY IN ORDER TO SUPPORT AND ADVANCE AFFORDABLE HOUSING EFFORTS”
Open the minutesConsent agenda, item N