July 23, 2019Asheville City Council
From the minutes, not yet reviewedWhat it does
Approves the request by Homeward Bound to borrow funds from the Housing Trust Fund.
- Passed. Everyone present voted yes.
- What the minutes say it will do: “This project is a reflection of that strategy, and will allow them to offer more direct and efficient service to their clients.”
- The money, in the minutes' words: “An amount of $530,000 will be drawn from the City’s Housing Trust Fund.”
More from the minutes
- “The multifamily property located at 296 Short Michigan Avenue is on a 0.97 acre site with 5 buildings containing 11 (8 one bedroom and 3 two bedroom) separate apartment units.”
- “At the present time, 6 of the 11 units are occupied by voucher holders.”
- “The remaining 5 units are unoccupied and require rehabilitation to be brought up to HUD habitability standards.”
Official title: Council approved the request by Homeward Bound to borrow funds from the Housing Trust Fund in the amount of $530,000
Carried unanimously
From the minutes: This motion was seconded by Councilman Young and carried unanimously.
Read the motion as recorded
“Councilwoman Mayfield moved to approve the request by Homeward Bound to borrow funds from the Housing Trust Fund in the amount of $530,000.”
Open the minutesMotion text in the minutes