News Summary
Buncombe County is set to initiate an affordable housing development in downtown Asheville, featuring 206 units for households earning 80% or less of the area’s median income. Plans are moving forward, with construction set to disrupt part of Sawyer Road. The project represents a $74.5 million investment and is a response to the growing affordable housing crisis. Additionally, plans for another project for 126 units were approved earlier this year. With community support and funding secured, Asheville aims to improve its housing landscape significantly.
Exciting Times in Asheville: Affordable Housing Development is Here!
Asheville is buzzing with news that has residents feeling hopeful and ready for change! Buncombe County is making strides in its plans for a brand-new affordable housing development right in the heart of downtown Asheville. This is not just any project; it’s a significant step towards addressing the pressing need for affordable housing in our community.
What’s Happening?
The ambitious housing complex will be built on three county-owned properties along Coxe Avenue. This area is known for its vibrant atmosphere, and soon it will be home to 206 affordable housing units designed specifically for households earning 80% or less of the area’s median income. This is a huge win for many families and individuals who often face the soaring barriers of living costs in Asheville.
A Step Forward
This past week, Buncombe County Commissioners received the first renderings of the development, marking a significant milestone in the project. Plans are advancing, and excitement is in the air! However, with progress comes a little disruption; part of Sawyer Road along Coxe Avenue will need to close for a bit as construction gets underway.
Making Housing Affordable
The total estimated cost for this development will come in around a hefty $74.5 million. This investment reflects the commitment of community leaders to tackle the affordable housing crisis head on. A crucial meeting is set for March 18 to finalize the agreement with Harmony Housing, the developer for this project. It’s great to see action being taken to secure much-needed housing!
What’s Happening Elsewhere?
Funding and Features
The funding for the Pine Lane housing project includes $3.9 million from the city and $6.5 million from the county. A 30-year deed restriction will ensure that these homes remain affordable for years to come. The eligibility criteria will allow those earning 80% or less and even 60% of the area’s median income to be considered for housing. It’s a welcoming offering for many in our lovely Asheville.
Voices from the Community
Breaking Ground Soon
Fresh Outlook on Affordable Housing
Community-Driven Initiatives
What’s Next?
Deeper Dive: News & Info About This Topic
HERE Resources
Asheville Prepares for Community Meetings on Recovery Plans
Asheville Declares Code Purple for Homeless Amid Cold Snap
Asheville City Council Addresses Affordable Housing Crisis
Asheville Secures $225 Million for Community Recovery
Asheville Takes Bold Steps to Tackle Housing Crisis
Asheville, NC: Housing Prices Experience a Dramatic Surge
Asheville Faces Housing Crisis as City Council Considers Reforms
Asheville Housing Market: A Balanced Shift in Trends
Asheville’s Housing Crisis Deepened by Hurricane Helene: A Call for Action!
Asheville City Council Prioritizes Community Recovery
Additional Resources
- WLOS: Buncombe County Reveals Plans for 206-Unit Affordable Housing
- Wikipedia: Affordable Housing
- Tribune Papers: The Impact of Zoning Reform on Affordable Housing
- Google Search: Affordable Housing Asheville
- WLOS: Asheville Unveils Comprehensive Affordable Housing Plan
- Britannica: Housing
- AVL Today: Mountain Housing Opportunities Plans to Expand Affordable Housing
Author: STAFF HERE ASHEVILLE WRITER
The ASHEVILLE STAFF WRITER represents the experienced team at HEREAsheville.com, your go-to source for actionable local news and information in Asheville, Buncombe County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Asheville Bread Festival, LEAF Festival, and mountain sports tournaments at Biltmore Estate. Our coverage extends to key organizations like the Asheville Area Chamber of Commerce and Explore Asheville Convention & Visitors Bureau, plus leading businesses in hospitality and brewing that power the local economy such as the Biltmore Estate and Sierra Nevada Brewing Company. As part of the broader HERE network, including HERECharlotte.com, HEREGreensboro.com, HERERaleigh.com, and HEREOBX.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.
