March 10, 2020Asheville City Council
From the minutes, not yet reviewedWhat it does
Amends his motion to include into the B.1 conditions the condition that housing choice vouchers shall be accepted for the designated affordable units.
- 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).
- What the minutes say it will do: “The amendment doubles the number of residential units that will be dedicated as affordable at 80% AMI for the ten year period from 5% to 10%, resulting in a net gain in dedicated affordable units.”
More from the minutes
- “ndards for affordability at 80% Area Median Income or AMI (60.1 - 80% AMI) for a period of ten years from the issuance of the Certificate of Occupancy (CO).”
- “The rent and income shall follow the Affordable and Workforce Housing Standards determined annually by the City of Asheville Community Development Department.”
- “An Affordable Housing Deed Restriction will be provided by the City and filed and recorded by the applicant/property owner in the Buncombe County Register of Deeds prior to obtaining final CO.”
Official title: Council amended his motion to include into the B.1 conditions the condition that housing choice vouchers shall be accepted for the designated affordable units
Carried unanimously
From the minutes: This amendment to the motion was seconded by Councilwoman Mayfield and carried unanimously.
Read the motion as recorded
“Councilman Kapoor moved to amend his motion to include into the B.1 conditions the condition that housing choice vouchers shall be accepted for the designated affordable units.”
Open the minutesMotion text in the minutes