May 10, 2022Asheville City Council
From the minutes, not yet reviewedWhat it does
Lets the City Manager negotiate and enter into a grant agreement with the Housing Authority of the City of Asheville.
- Passed. Voted no: Sage Turner.
- Who it's for: Households earning up to 50% of the area median income: up to $51,200 a year for a family of four, or $35,850 for one person (HUD's 2026 income limits for tax-credit housing in the Asheville area).
- The money, in the minutes' words: “Staff recommends approval of a motion that the Asheville City Council authorize the City Manager to negotiate and enter into a grant agreement with the Housing Authority of the City of Asheville in the amount of $1.2 million according to the terms and conditions herein.”
More from the minutes
- “42 of the 82 units will continue to have deep subsidies, serving families below 50% of AMI.”
- “The City utilized CIP, Fund Balance, and Affordable Housing Bond to facilitate a grant of funds.”
- “The mission of the HACA is to provide safe, quality, and affordable housing, to expand available resources, and to collaborate with the community to create opportunities for resident self-reliance and economic independence.”
Official title: Council authorized the City Manager to negotiate and enter into a grant agreement with the Housing Authority of the City of Asheville in the amount of $1.2 million according to the terms and conditions herein
Carried 5–2
From the minutes: The amendment to the original motion offered by Councilwoman Mosley and seconded by Vice-Mayor Smith carried on a 5-2 vote, with Councilwoman Turner and Councilwoman Wisler voting “no”.
Read the motion as recorded
“Vice-Mayor Smith moved to authorize the City Manager to negotiate and enter into a grant agreement with the Housing Authority of the City of Asheville in the amount of $1.2 million according to the terms and conditions herein.”
Open the minutesMotion text in the minutes