Housing market photo illustration

Housing market report looks at challenges in Asheville and surrounding counties

The City of Asheville is releasing the Regional Housing Needs Assessment. The purpose of this report is to conduct a Housing Needs Assessment of the four-county region that includes and surrounds the city of Asheville. The four counties evaluated in this report include Buncombe, Henderson, Madison, and Transylvania. This evaluation takes into account the demographics, [...]

illustration of what 319 Biltmore Ave could look like

City of Asheville seeks developers for 319 Biltmore Avenue

The City of Asheville’s Department of Community and Economic Development has released a Request for Proposals (RFP) for the redevelopment of 319 Biltmore Ave. The redevelopment seeks to provide affordable/mixed income housing and commercial uses in an area near transit, jobs and services. This site is part of the Affordable Housing Bond Initiative for high-impact [...]

Housing market photo illustration

City of Asheville publishes Affordable Housing Guide

One of the most significant barriers to economic prosperity for America’s lowest-income families is the lack of decent, accessible, and affordable homes. Research shows that when people have stable homes that they can afford, they are better able to find employment, achieve economic mobility, age in place, perform better in school, and maintain improved health.  The [...]

City council accepting check

City of Asheville accepts significant donation for affordable housing from Deerfield Episcopal Retirement Community

In recognition of the City of Asheville’s commitment to the creation and expansion of affordable housing, a local organization decided to donate a quarter of a million dollars toward the effort. Deerfield Episcopal Retirement Community is donating $250,000 to the Asheville Affordable Housing Trust to assist in the City’s efforts to increase the supply of [...]

Housing market photo illustration

Asheville housing market report outlines challenges and gains

The City of Asheville contracted a study to examine the housing market for the City of Asheville and Buncombe County. The study by Bowen National Research provides a high-level overview of the current market, including affordability issues, as well as areas of affordability that remain challenging for the region. The study points to many issues [...]

photos of The Retreat

Recap: Asheville City Council affordable housing worksession

Asheville City Council held a worksession on affordable housing Sept. 6 at the U.S. Cellular Center Banquet Hall. During the session, Council reviewed the realities of local affordable housing needs, barriers to building affordable housing and the role of the City as a partner. Staff and outside speakers presented information on how we move forward together [...]

model of a house and key ring on a blueprint

Asheville City Council to hold affordable housing worksession

On Sept. 6, Asheville City Council will hold a worksession on affordable housing. The session will take place from 8:45 a.m. to 12:30 p.m. in the U.S. Cellular Center Banquet Hall, 87 Haywood St. The goal of the session is to review the realities of local affordable housing needs, barriers to building affordable housing and the [...]

mountain housing opportunities groundbreaking for East Haven Apartments

City of Asheville invests in affordable housing projects now under way

The City of Asheville continues to move towards the creation of more affordable housing for those who want to live in and around Asheville. The City’s Community and Economic Development Department has partnered with Habitat for Humanity and Mountain Housing Opportunities to create affordable housing. Studies show that access to decent, affordable housing provides [...]

model of a house and key ring on a blueprint

City Council approves Housing Trust Fund allocations that add affordable housing units

Housing Trust Fund allocations approved July 23 by Asheville City Council will support the addition of affordable housing units in our community. The allocations were made through the City’s Housing Trust Fund to support three projects. All three projects serve individuals and families with incomes under 60% of the Area Median Income. The Median household income [...]

Affordable housing photo illustration

Hilliard Avenue affordable housing project to move forward under new agreement

Asheville City Council on June 11 voted to sell City land at 360 Hilliard Ave. in support of an affordable housing/mixed use residential development. This vote will add 34 new affordable apartments in our community, in a downtown location close to jobs and community amenities. Local developer Kassinger Development Group is working with the City on [...]

house in hands photo illustration

Video: Asheville’s Down Payment Assistance Program explained

The City of Asheville affordable housing bond referendum seeks to make home ownership available to low and moderate income city residents and staff. City Council took a step toward making those funds available when they adopted a Down Payment Assistance Policy resolution during their Feb. 26 meeting. Adoption of the policy paves the way for the [...]

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