As COVID loses its time in the limelight, Asheville commissioners update their figures on the latest wave.
Developer David Moritz is working on a development of naturally-affordable housing. Called micro-housing, the apartments would give residents a private bedroom, bathroom, and kitchenette; and each floor would have a community kitchen and lounge area. Asheville City Council approved granting the development tax abatement as incentives for subsidizing 20% of the units.
As is to be expected, public comment on the City of Asheville's FY2022-2023 budget showed little fiscal restraint. People came ready to ask for more, but now Councilwoman Kim Roney has joined Councilwoman Gwen Wisler in realizing funding is finite.
Members of Asheville City Council are determined to use the force of government to create more affordable housing. They are even investing in a "missing middle" study to find out if what builders and businesspeople have been telling them for years: Regulations come with costs of compliance.
As HCA's Mission Hospital expands, a new competitor considers entering the healthcare market in Western North Carolina.
Buncombe County is proposing holding the tax rate flat while floating bonds and searching out other source of revenue to fund extracurricular activities for government, like building affordable housing and zeroing out the human carbon footprint.
Asheville City Councilwoman Sandra Kilgore said the process for deciding to proceed with the Merrimon Avenue road diet provided no opportunity for alternative viewpoints. She feared turning Merrimon into a three-lane road would result in traffic jams that would be bad for business.
Asheville City Councilwoman Kim Roney dominated the budget discussion with demands for more funding for transit and reparations and a request to freeze ten positions in the police department.
At least according to one analysis, which follows logic, Low-Income Housing Tax Credits, like most government programs for building affordable housing, increase construction costs.
David Nash, executive director of the Housing Authority of the City of Asheville, made three appearances before city council in one night. Most significantly, he wanted the city to make up for the county’s shortfall and contribute a total of $1.465 million in affordable housing bond revenues to leverage 9% Low-Income Housing Tax Credits.