Asheville Reporter

 City of Asheville issued the following announcement on Dec. 23.

The City of Asheville’s Community and Economic Development Department is now accepting applications for CDBG and HOME grant funds, and for the Housing Trust Fund (HTF) for fiscal year 2023-24.

The Community and Economic Development Department manages and administers programs for Asheville and for a four-county consortium, consisting of Buncombe, Henderson, Transylvania and Madison Counties, that provide affordable housing, economic opportunities and other benefits for low-income residents.

The Community Development Block Grant (CDBG) and the HOME Investment Partnership Program (HOME) are federal grant programs through the Department of Housing and Urban Development (HUD) which provide grant funds for eligible projects to create affordable housing for low-income households and support community development activities to build stronger and more resilient communities.

The City of Asheville’s Housing Trust Fund was created in 2000 to provide a source of local funding to assist in the development of affordable housing in Asheville. Assistance is available in the form of repayable loans at a low rate of interest.

How to Apply:

To download the CDBG/HOME application documents and instructions visit the Community Development Funding Programs page. The deadline to submit an online application for CDBG/HOME funds is February 3, 2023 at 12:00 noon.

To download the Housing Trust Fund documents, view the HTF policy and access the application,  visit the Housing Trust Fund webpage. The deadline to submit an application for the Housing Trust Fund is February 10, 2023 at 12:00 noon.

Questions about the CDBG/HOME application process can be sent to the Community Development team via email: HUDFundingQuestions@ashevillenc.gov.                  

Original source can be found here.