Asheville’s Affordable Housing Initiatives Expand

News Summary

Asheville is witnessing a surge in affordable housing initiatives, with Habitat for Humanity welcoming college volunteers for home-building projects. The Buncombe County Commissioners are planning a new development on Coxe Avenue with 206 units for families earning below the median income. Mountain Housing Opportunities continues to support thousands of households, and the City Council has approved additional affordable housing units, demonstrating the community’s commitment to tackling the housing crisis. Civic engagement is strong, with recent voter support for a general obligation bond aimed at enhancing affordable housing efforts.

Asheville’s Affordable Housing Initiatives Expand with Exciting New Developments

Asheville is buzzing with activity as college students from all across the United States flock to the city for spring break to lend their helping hands in building homes with the Asheville Area Habitat for Humanity. This year, Habitat for Humanity is welcoming hundreds of eager volunteers from various states, including the likes of Boston, Michigan, and Alabama. These students not only aim to make a difference but also want to soak up all the beautiful sights and warmth that Asheville has to offer.

With an inspiring rise in volunteer interest in 2024, Asheville’s Habitat for Humanity has already scheduled 19 out-of-town groups to assist in various projects. This enthusiastic influx of support means around 300 individuals have shown interest in rolling up their sleeves and getting involved in home-building projects throughout the year. It’s heartwarming to witness such a profound commitment to community development.

County Commissioners Step Up for Affordable Housing

In a spirited effort to tackle the ongoing housing crisis, the Buncombe County Commissioners are making strides toward establishing a new affordable housing development on three county-owned properties located on Coxe Avenue in downtown Asheville. This new complex is set to consist of 206 units specifically designed for households earning 80% or less of the area’s median income. That’s some much-needed relief for families in the community!

However, to make way for this much-anticipated project, there will be a temporary closure of a section of Sawyer Road along Coxe Avenue. The estimated cost for this ambitious affordable housing initiative is around $74.5 million. On March 18, the commissioners will meet to enter into a development agreement with Harmony Housing, signaling a significant step toward turning plans into reality.

Mountain Housing Opportunities Leading the Charge

Mountain Housing Opportunities (MHO) is also at the forefront of addressing the affordable housing dilemma that has become even more pressing due to various challenges. In 2024 alone, MHO has supported over 2,000 households, delivering essential services such as affordable rentals, home repairs, new home constructions, and down payment assistance. Of particular note, 12% of those served by MHO are veterans and 18% were previously experiencing homelessness.

To further diversify affordable housing options in Western North Carolina, MHO is currently working on seven exciting projects. Each one aims to bring more opportunities for individuals and families desperately seeking safe, affordable places to call home.

Asheville City Council’s Housing Goals

Meanwhile, the Asheville City Council has unanimously approved the construction of 126 affordable housing units spread across 10 acres of land located close to Brevard Road. This is part of a wider ambitious goal of establishing a grand total of 14,000 affordable units within the next 25 years, showcasing Asheville’s dedication to finding solutions for its residents.

The funding for this project comes from various sources, including $3.9 million from the city and $6.5 million from the county. Notably, a 30-year deed restriction will ensure that these apartments remain affordable for residents earning 80% and 60% of the area’s median income.

Civic Engagement and Future Plans

Asheville residents voted overwhelmingly in favor of a $20 million general obligation bond that will bolster affordable housing efforts, solidifying the community’s commitment. The finalized Affordable Housing Plan aims to provide solutions to the housing crisis while improving inclusivity for all. This comprehensive plan features a detailed 10-year roadmap with five specific goals focused on maintaining housing affordability and preventing displacement.

The plan is especially dedicated to preserving existing affordable housing options and addressing the accessibility challenges faced by BIPOC communities. With these initiatives taking root, the future of affordable housing in Asheville is looking brighter than ever!

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Additional Resources

• WLOS: Buncombe County Reveals Plans for Affordable Housing
• Wikipedia: Affordable housing
• AVL Today: Mountain Housing Opportunities Plans
• Google Search: Asheville affordable housing
• WLOS: Asheville Unveils Comprehensive Affordable Housing Plan
• Google Scholar: Asheville housing crisis
• WLOS: Harmony Housing to Build Affordable Units
• Google News: Affordable housing