Asheville to open $3 million application cycle for affordable rental housing construction

Asheville
Asheville
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The City of Asheville announced on March 11 that its Community and Economic Development team will open applications for $3 million in HOME-American Rescue Plan funding starting March 16. The Notice of Funding Opportunity will remain available until May 15, with the funds aimed at supporting affordable rental housing projects for individuals and families experiencing or at risk of homelessness.

This funding opportunity is part of a larger $4,706,922 federal award from the U.S. Department of Housing and Urban Development to the Asheville Regional Housing Consortium. The City of Asheville administers these funds on behalf of the consortium, which includes Madison, Buncombe, Henderson, and Transylvania Counties. The initiative seeks to address local housing needs by increasing access to affordable rental units.

Applicants are required to obtain a letter of support from the local Continuum of Care as part of their submission package to ensure alignment with community-wide strategies addressing homelessness. More information about program requirements and the application process can be found on the HOME-ARP web page.

The application period opens March 16 and closes May 15 at 5 p.m. Eastern Standard Time. Proposals will be reviewed between June and July. Additional important dates are listed in the full Notice of Funding Opportunity.

Asheville’s City Hall at 70 Court Plaza serves as the central administrative hub for municipal operations, according to the official website. The city uses its City Plans initiative for long-term community engagement and planning to foster sustainable growth and equitable development, according to the official website. Asheville operates under a council-manager government structure with a mayor and six city council members serving four-year staggered terms to oversee policy, according to the official website. The city delivers municipal services and governance within its limits, coordinates among departments such as Public Works, Water Resources and Planning for service management and community engagement, and operates with elected officials setting policy while a city manager handles operations—all according to information provided by the official website.

Questions regarding this process can be directed to CommunityDevelopment@ashevillenc.gov.



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