November 12, 2024Asheville City Council
From the minutes, not yet reviewedWhat it does
Lets the City Manager temporarily suspend and defer Affordable Housing loan payments to the City on a case by case basis…
- Passed with the routine items, in one vote, without discussion.
More from the minutes
- “The City’s Housing Trust Fund lends affordable housing developers funding to produce additional affordable housing units in the community.”
- “Temporarily reduces operating costs for affordable housing providers impacted by Hurricane Helene.”
- “Affordable Housing Officer Sasha Vrtunski responded to questions from Council regarding the deferral program; what happens if tenants hold vouchers; and how long the suspension or deferral period will last.”
Official title: Resolution authorizing the City Manager to temporarily suspend and defer Affordable Housing loan payments to the City on a case by case basis, as necessary, to address impacts from Tropical Storm Helene
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilwoman Roney and carried unanimously.
Read the motion as recorded
“RESOLUTION NO. 24-241 - RESOLUTION AUTHORIZING THE CITY MANAGER TO TEMPORARILY SUSPEND AND DEFER AFFORDABLE HOUSING LOAN PAYMENTS TO THE CITY ON A CASE BY CASE BASIS, AS NECESSARY, TO ADDRESS IMPACTS FROM TROPICAL STORM HELENE”
Open the minutesConsent agenda, item N