2016 Bond Issue to Provide Funding
Three bond initiatives were approved by Asheville voters in 2016. One included $25 million for affordable housing, designed to enable the City to repurpose City-owned land for development that supports housing affordability.
After two full years of study as to which City-owned parcels may be appropriate for affordable housing development, how many housing units can be developed on identified sites, and potential market conditions for mixed-use development, the city has determined that three sites are best suited for such projects.
91 Riverside Drive
This site provides an opportunity to create artist housing and strengthen the character and economic vitality of the River Arts District.
171-179 S. Charlotte St.
This site poses a significant opportunity to use housing development, in concert with the community, to plan and grow a neighborhood impacted by urban renewal. Future development can reconnect the East End community to the Central Business District and make S. Charlotte Street safer for residents, bicyclists and pedestrians. In order to realize this opportunity, existing City Operations must be relocated in a strategic and sustainable manner.
319 Biltmore Ave.
This site has the potential to create housing options with a range of affordability and improve connectivity in a growing neighborhood that includes Lee Walker Heights; work to solicit developers for this site can begin immediately.
All three sites are under consideration for development, and an implementation plan will be created for the redevelopment of each property.
Keep up with developments at www.ashevillenc.gov/departments/community/community_development/affordable_housing.