July 25, 2023Asheville City Council
From the minutes, not yet reviewedCouncil approves a land use incentive grant for micro-apartments at 46 Aston Street.
Aston Flats LLC plans 231 rental micro-apartments of 200 to 350 square feet. For 21 years, 47 of them will be affordable to people earning 80% of the area median income or less. In return, the City will grant back the City property taxes on the project for 21 years, an estimated $1,953,152. Staff had advised waiting until the grant policy covers micro-apartments.
Watch this item, at 54:48(time from the video's captions)- Passed. Voted no: S. Antanette Mosley, Sheneika Smith.
Still pending: The apartments aren't built yet. The grant payments would come over the 21 years.
More from the minutes
- “Councilwoman Roney would support the application moving forward because she heard that there will be vouchers set aside and she wanted to be consistent in seeking voucher units.”
Official title: Council approved the LUIG application for Aston Flats LLC for 46 Aston Street
Carried 5–2
From the minutes: This motion was seconded by Councilwoman Ullman and carried on a 5-2 vote, with Councilwoman Mosley and Councilwoman Smith voting “no.
Read the motion as recorded
“Councilwoman Turner moved to approve the LUIG application for Aston Flats LLC for 46 Aston Street.”
Open the minutesMotion text in the minutes