October 22, 2019Asheville City Council
From the minutes, not yet reviewedWhat it does
Adds money to the budget from Deerfield Episcopal Retirement Community, Inc., for an affordable Housing Trust Fund donation.
- Passed with the routine items, in one vote, without discussion.
- The money, in the minutes' words: “Action Requested: Adoption of budget amendment in the Housing Trust Fund in the amount of $250,000 from Deerfield Episcopal Retirement Community, Inc.”
- Why it matters: The budget is the City's spending plan. An amendment adds money or moves it to a new use.
More from the minutes
- “As part of this discussion, the lack of Affordable Housing combined with a lack of local resources to adequately address the issue was identified as a major challenge for the City of Asheville.”
- “These funds will be transmitted to the City of Asheville Affordable Housing Trust Fund for the sole use and purpose of providing affordable housing within the corporate limits of the City of Asheville and for no other purpose.”
Official title: Budget amendment from Deerfield Episcopal Retirement Community, Inc. for an affordable Housing Trust Fund donation
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilman Kapoor and carried unanimously.
Read the motion as recorded
“ORDINANCE NO. 4772 - BUDGET AMENDMENT FROM DEERFIELD EPISCOPAL RETIREMENT COMMUNITY, INC. FOR AN AFFORDABLE HOUSING TRUST FUND DONATION”
Open the minutesConsent agenda, item S