October 22, 2024Asheville City Council
From the minutes, not yet reviewedWhat it does
Authorizes the rescission of the $1,035,000 Housing Trust Fund allocation and the $1,465,000 Affordable Housing Bond funds…
- Passed. Everyone present voted yes.
Official title: Council adopted a resolution to authorize the rescission of the $1,035,000 Housing Trust Fund allocation and the $1,465,000 Affordable Housing Bond funds previously awarded to the Housing Authority of the City of Asheville for the Reimagining Deaverview project, and reallocate the $1,035,000 to the Housing Trust Fund balance and $1,465,000 to home repair grants; and authorized City Manager to approve the allocation of Bond funds for Home Repair Grants to partner organizations and to execute any and all documents necessary to give effect
Carried unanimously
From the minutes: This motion was seconded by Councilwoman Ullman and carried unanimously.
Read the motion as recorded
“Councilwoman Turner moved to adopt a resolution to authorize the rescission of the $1,035,000 Housing Trust Fund allocation and the $1,465,000 Affordable Housing Bond funds previously awarded to the Housing Authority of the City of Asheville for the Reimagining Deaverview project, and reallocate the $1,035,000 to the Housing Trust Fund balance and $1,465,000 to home repair grants; and authorize City Manager to approve the allocation of Bond funds for Home Repair Grants to partner organizations and to execute any and all documents necessary to give effect.”
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