Skip to main content
BY THE RECORDASHEVILLE

March 10, 2026Approved minutes

Asheville City Council

Open the minutes
From the City of Asheville's YouTube channel. Nothing loads from YouTube until you press play.Open on YouTube

Key decisions

March 10, 2026Asheville City Council

What it does

Cancels the Stewart Street Cottages loan.

  • Passed with the routine items, in one vote, without discussion.
  • Why it matters: This recovered $1,052,850 of Housing Trust Fund money after the developer's requested changes did not comply with the fund's policy. The developer kept building two homes, with affordability funded from other sources.

Official title: Rescind the Stewart Street Cottages loan

Carried unanimously, as part of the consent agenda

From the minutes: This motion was seconded by Councilwoman Ullman and carried unanimously.

Moved byBo HessSeconded byMaggie Ullman
What was voted on

rescind the $1,052,850 Housing Trust Fund loan previously awarded to Reasonable Development LLC for the Stewart Street Cottages project and return the funds to the Trust Fund's available balance. Adopted as part of the consent agenda, moved by Councilman Hess, seconded by Councilwoman Ullman.

Open the minutesResolution No. 26-44

Trace this decision →

March 10, 2026Asheville City Council

What it does

Rezones 383 N. Louisiana Ave for 89 affordable homes.

  • Passed. Everyone present voted yes.
  • Who it's for: Households earning up to 80% of the area median income: up to $81,920 a year for a family of four, or $57,360 for one person (HUD's 2026 income limits for tax-credit housing in the Asheville area).
  • Why it matters: This allowed an 89-unit development with every unit income-restricted, on land zoned for offices. The city's findings cite housing supply near transit, schools, and parks.

Official title: Rezone 383 N. Louisiana Ave for 89 affordable homes

Carried unanimously

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

Moved byKim RoneySeconded byS. Antanette Mosley
What was voted on

conditionally rezone 383 N. Louisiana Avenue from Office to Office-Conditional for an 89-unit development with all units affordable at 80% of area median income or below. Motion by Councilwoman Roney, seconded by Vice-Mayor Mosley.

Open the minutesItem IV.B