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BY THE RECORDASHEVILLE

HousingFrom the minutes, not yet reviewed

Council approved a request by Haywood Street Community Development for $1.3M in funding to purchase land and a $904,000…

February 22, 2022Asheville City Council

From the minutes, not yet reviewed

What it does

Approves a request by Haywood Street Community Development for $1.3M in funding to purchase land and a $904,000 Housing Trust Fund loan…

  • Passed. Everyone present voted yes.
  • The money, in the minutes' words: “The Asheville City Council adopted Resolution No. 21-224 on October 26, 2021 committing to grant funding in the amount of $296,000 for due diligence related to this project.”
More from the minutes
  • “New building construction includes a single, four-story apartment building that is just under 42 feet in height with an overall height of 55 feet (to peak of angled roof).”
  • “The total square footage is approximately 49,000 square feet.”
  • “A combination of surface (20 spaces) and structured parking (35 spaces) is proposed, which meets the minimum off-street parking requirement of one space per unit.”

Official title: Council approved a request by Haywood Street Community Development for $1.3M in funding to purchase land and a $904,000 Housing Trust Fund loan to construct 45 permanently affordable rental homes on property located at 343 & 357 West Haywood Street in the City of Asheville

Carried unanimously

From the minutes: This motion was seconded by Councilwoman Mosley and carried unanimously.

Read the motion as recorded

“Councilwoman Turner moved to approve a request by Haywood Street Community Development for $1.3M in funding to purchase land and a $904,000 Housing Trust Fund loan to construct 45 permanently affordable rental homes on property located at 343 & 357 West Haywood Street in the City of Asheville.”

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