October 22, 2019Asheville City Council
From the minutes, not yet reviewedWhat it does
Amends the City’s Land Use Incentive Policy.
- Passed. Everyone present voted yes.
- Who it's for: Households earning up to 60% of the area median income: up to $61,440 a year for a family of four, or $43,020 for one person (HUD's 2026 income limits for tax-credit housing in the Asheville area).
More from the minutes
- “In November of 2010, City Council first adopted a Land Use Incentive Policy that provided incentives to encourage development projects that fulfill important public purposes directly addressing annual strategic goals set by Council like affordable housing.”
- “Addition of points for serving Low Income Individuals & Families under 60% AMI”
- “Points for Rehab / Redevelopment with added language that at a minimum, a 1 to 1 ratio of the redeveloped / rehabbed units must be targeted at the same Area Median Income (AMI) as the original units.”
Official title: Council amended the City’s Land Use Incentive Policy
Carried unanimously
From the minutes: This motion was seconded by Councilwoman Mayfield and carried unanimously.
Read the motion as recorded
“Vice-Mayor Wisler moved to amend the City’s Land Use Incentive Policy.”
Open the minutesMotion text in the minutes