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BY THE RECORDASHEVILLE
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Trace a City Council decision

The 2023 Housing Trust Fund round: $4.39M approved, then what

In April 2023, Council approved $4,387,850 from the Housing Trust Fund for four projects expected to produce 239 income-restricted homes. Since then, two of the four awards were taken back (Reimagining Deaverview in 2024 and Stewart Street Cottages in 2026). Follow what was approved, what was funded, and what has been documented since.

Decision

Council approves the allocation

April 25, 2023

Asheville City Council

$4,387,850 for four projects; 239 planned income-restricted homes

Documented in the official record.

Allocate $4.39M from the Housing Trust Fund to four projects

This set the city's housing dollars for one funding round: four projects, 239 planned income-restricted homes. Approval is not delivery: two of the four awards were later taken back, Deaverview's grant in 2024 and Stewart Street's loan in 2026.

Carried unanimously

From the minutes: This motion was seconded by Vice-Mayor Kilgore and carried unanimously.

The people on the record

Listed for what they did on the record. A vote for funding is not responsibility for the whole result.

What this can't tell you

A community trend describes the place. This chain shows what one funding round became; it does not establish that any individual caused the city's housing totals.

Stages marked Not verified stay that way until an official source documents them.