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From YouTube: Asheville Regional Housing Consortium – March 17, 2023
Description
Regular meeting of the Asheville Regional Housing Consortium.
Access the agenda and other meeting materials at the City of Asheville website: https://www.ashevillenc.gov/department/city-clerk/boards-and-commissions/asheville-regional-housing-consortium/
Participate before and during the meeting on our public engagement hub: https://publicinput.com/PY8666
A
All
right,
we
should
now
be
loved
great.
Thank
you.
Good
morning,
everyone
I'm
Sage
Turner,
chair
of
the
Asheville
Regional
Housing
Consortium
I'd,
like
to
welcome
you
to
this
special
meeting
of
Home
investment,
partnership,
program
funding
or
home
applicant
presentations.
All
committee
members
and
applicants
are
participating
virtually
today.
We're
streaming
live
on
our
virtual
engagement,
Hub
and
that's
accessible
through
the
virtual
engagement
Hub
link
on
the
front
page
of
the
city's
website.
We
also
have
an
option
for
the
public
to
listen
live
by
phone
to
do
so.
You
call.
A
855-925-82801
that's
855-925-2801
and
enter
the
meeting
code
8763
for
those
of
there.
For
those
of
you
out
there
with
us
today.
Welcome
I
will
now
go
through
an
introduction
and
if
you
could
please,
as
I
call
your
name
say
a
quick
hello,
okay,
yeah
Robin
Merrell
good
morning
good
morning,
Karen
Gina
Karen's,
not
with
us
today,
Ben
Woody.
A
A
Great
good
morning,
everyone
I'm
going
to
introduce
our
staff
leadership
as
well
community
and
economic
development,
director
Nikki
Reed
good
morning
good
morning
and
Community
Development
coordinator
Dana
alley
hi
good
morning,
great
okay,
everyone,
it's
a
special
meeting,
we're
going
to
be
hearing
presentations
from
nine
organizations
who
are
applying
for
the
home
funding
for
11
different
projects.
Each
project
presentation
will
be
about
five
minutes
long
applicants,
please
keep
a
timer,
so
we
don't
have
you
running
over
and
we
don't
have
to
interrupt
you
during
today's
presentations.
Presenters
will
not
take
questions
from
board
members.
A
There
will
also
not
be
any
public
comment,
we're
just
simply
hearing
the
presentations
staff
will
introduce
each
presenter
and
presenters.
Please
keep
your
microphone
muted
and
your
camera's
off
please
until
you
hear
your
organization's
name
called
that
will
ensure
that
the
existing
applicant
is
on
screen
again.
This
is
a
meeting
for
applicant
presentations.
Only
we
will
have
another
meeting
of
this
Consortium
next
week.
Wednesday
March
22nd
at
10,
A.M
for
the
home
funding,
recommendations
and
allocations.
A
A
G
Hello,
Consortium
members,
it's
great
to
see
you
happy
Friday
and
thank
you
so
much
to
our
applicants,
who
have
also
joined
us
today
to
share
more
information
about
their
proposals.
As
you
all
know,
this
process
is
extremely
competitive
with
limited
funding
and,
of
course,
we
all
know
that
there
is
great
need
in
our
community
for
these
types
of
projects.
So
again,
thank
you.
Everyone
for,
for
coming
this
year,
we
had
a
total
of
15
Home
applications
that
we
received.
G
However,
four
of
those
applications
were
deemed
ineligible,
and
so
that's
why
we
have
the
number
here
today
to
present
that
total
figure
in
terms
of
applications
amount
was
over
eight
million
dollars.
So
that's
a
a
large
number
of
potential
funding
there.
We
are
looking
at
our
current
allocation
that
we
have
with
both
this
year's
home
allocation,
as
well
as
some
funding
returned
from
last
year
and
our
allocation
is
going
to
be
just
around
1.7
million,
so
that
kind
of
demonstrates
the
level
of
availability
in
conjunction
with
the
level
of
need.
G
Again.
I
did
want
to
remind
the
committee
that
we
have
had
assistance
with
a
group
named
the
TDA
Consulting.
That
is
a
national
firm
that
does
Community
Development
Consulting.
They
have
actually
been
of
great
assistance
this
year
with
coming
through
these
applications,
they
will
be
joining
us
on
Wednesday
to
really
walk
us
through
recommendations
after
we
hear
from
the
applicants
today
so
with
that
I'll
turn
it
back
over
to
Sage
and
we'll
get
started
with
the
presentations.
Thank
you.
A
F
F
So
I'm
Sean
Brady
vice
president
of
development
at
Commonwealth,
Development,
Corporation
and
I'm,
presenting
today
about
Fair
Haven
Meadows.
We
are
a
new
construction,
60
unit,
affordable
housing
development,
targeting
families,
100,
affordable,
we'll
be
using
income
averaging
so
that
we
can
have
basically
one
of
the
widest
ranges
possible
40
to
70
percent
of
the
area,
median
income,
and
we
were
selected
for
funding
in
2022
by
nchfa
I
think
we
were
the
first
nine
percent
award
in
Brevard
in
more
than
a
decade.
I
actually
think
it's
longer
than
that.
We're
pretty
excited.
F
We
have
a
partnership
that
we've
worked
out
with
sharing
house
where
we'll
have
on-site
mobile
food
pantry,
as
well
as
private
consultation
space
for
residents,
which
will
enable
them
to
kind
of
better
deploy
their
existing
Ministry
and
help
our
residents
out
as
well
as
others
in
the.
F
We
are
moving
forward,
we're
targeting
a
July
to
August
closing
date.
We
do
have
now
firm
debt
and
Equity
offers,
and
we
do
have
multiple
General
Contractors.
Reviewing
the
construction
cost,
including
you
know,
one
local
GC
first
Victory,
is-
is
very
interested
in
the
project.
We
are
very
fortunate
to
have
received
a
previous
award
last
year
from
the
housing
Consortium
and
appreciate
that
greatly.
F
The
challenge
that
we've
had,
though,
is
since
that
time
the
credit
pricing
has
dropped
significantly,
along
with
an
interest
rate
rise
across
the
country
and
that's
fueling
part
of
the
credit
drop
in
construction
costs
have
continued
to
rise
as
well,
but
the
good
news
is
is
that
costs
do
seem
to
be
stabilizing
and
interest
rates.
F
Hopefully
Nikon
wood
are
stabilizing
as
well,
and
so
we
are
asking
for
some
additional
funding
to
close
our
funding
gap,
which
at
this
point,
thankfully,
with
things
having
stabilized
we
feel
is
pretty-
is
pretty
well
known
at
this
point.
We
do
know
that
last
year
there
was
additional
funding
allocated
in
Transylvania,
County
I
think
it
was
about
the
same
amount
as
our
requesting.
It
was
like
300
000
for
another
development
that
unfortunately,
was
not
able
to
move
forward,
so
we
are
respectfully
requesting
that
that
money
stay
in
the
county.
F
We
believe
that
the
300
to
350
000
would
help
plug
our
funding
Gap
and
allow
us
to
move
forward
to
closing.
So
it's
been
an
interesting
time.
A
lot
of
challenges
out
there,
thankfully
Commonwealth
is
a
large
I-
think
we're
one
of
the
top
10
developers
of
affordable
housing
in
the
country.
F
We've
been
able
to
weather
the
storm
more
than
more
than
some
and
also
been
able
to
command
Better
Credit
pricing
and
construction
pricing
than
some,
but
unfortunately,
there's
still
been
some
pretty
big
swings
since
our,
since
our
last
request
to
the
to
the
Consortium.
So
thankfully
it's
it's
stabilized
have
a
good
project.
Moving
forward
and
I
think
we
have
a
good
unique
opportunity
to
bring
some
much
needed,
affordable
housing
to
Brevard.
So
thank
you
for
considering
our
additional
funding
request.
A
F
A
Great,
thank
you,
sorry,
typing
and
reading
and
okay.
We
appreciate
that
next
we're
moving
on
to
number
two,
which
is
Community
Housing
Coalition,
and
that
is
housing
replacement
Sean.
If
you
could
you'll
yeah
there,
you
go
okay,.
D
This
application's
for
additional
funding
for
the
housing
replacement
program
that
we
started
that
was
funded
originally
under
personal
2021,
2022
Consortium
funding.
You
may
have
seen
the
recent
article
in
the
paper
about
this
project.
We
are
asking
for
some
additional
funding
to
help
us
make
up
the
Gap
for
construction
funds.
We
originally
wrote
the
budget
back
in
19,
2019
2020,
and
you
know,
as
Sean
just
said.
You
know
we.
We
know
all
the
reasons
that
costs
are
up
and
it's
a
you
know,
a
new
program
for
us.
D
There
has
been
little
to
no
invest
new
housing
created
in
Madison
County,
since
Consortium
supported
the
Mars
Hill
Commons
project
back
in
2013,
2014,
I,
believe
and
so
I
think
habitat's
built
one
or
two
houses,
and
so
what
we're
asking
for
is
funding
to
allow
us
to
to
complete
the
four
units
that
we
originally
proposed.
D
We
were
originally
funded
as
chotto,
and
we
found
out
recently
that
this
isn't
a
Toto
eligible
activity,
and
so,
when
talking
to
Jonathan
and
his
staff,
we're
gonna
have
to
reallocate
this
out
of
choto
and
to
to
normal
home
funding.
And
then
we
also
determined
you
know,
because
this
is
really
new
to
community
housing.
But
it's
also
a
really
new
program
to
the
Consortium,
at
least
in
in
all
of
our
experiences
is
that
we
could
not
put
deed
restrictions
on
to
create
permanent
affordability
with
these
homes.
D
And
so
we
were.
We
were
asking
the
Consortium
to
not
only
give
us
some
additional
funding
but
reallocate
the
entire
pot
and
to
we
would
do
four
total
projects,
but
two
of
those
homes
would
be
funded
by
home
funding
and
two
would
be
funded
through
private
funding
that
we've
secured,
and
what
that
would
allow
us
to
do
is
create
four
new,
affordable
housings
in
Madison
County,
but
two
of
them
would
be
permanently
affordable
and
that
CHC
would
be
able
to
purchase
those
back
and
and
keep
them
affordable
on
the
market.
D
D
Affordable
housing
projects
outside
of
the
single
family
units
being
developed
by
habitat,
which
is
outside
of
I,
believe
Consortium
funding,
so
a
little
bit
of
a
change
from
what
we
originally
asked
for,
but
but
seeing
if
we
can
respectfully
request
ninety
thousand
dollars
in
additional
funding
to
help
us
get
get
through
the
four
homes
and
really
build
that
expertise
and
Supply.
Some
much
needed
new
units
here
in
Madison
County.
A
D
So
we're
also
we
we
run
a
rural
rehab
program
and
we
are
asking
again
for
the
Consortium
traditionally
about
every
other
year.
We
ask
for
funding
to
support
this
rural
rehab
program
in
the
past.
It
is,
we've
only
used
home
funds
from
the
Consortium
for
for
complete
housing
rehab,
and
we
are
now
leveraging
those
with
nchfa
essential
single
family
housing
projects.
D
We're
really
fortunate
to
have
both
sources
of
funding,
because
nchfa's
program
is
capped
at
thirty
thousand
dollars
and
with
construction
costs.
What
they
are,
it's
very
challenging
to
meet
the
housing
standard
with
that
thirty
thousand
dollar
cap
so
having
home
funds
where
we
can
add
an
extra
10
or
15
000
on
top
of
that
and
rehab
a
home
that
gives
us
you
know.
D
Basically,
we
consider
an
affordable
living
unit
for
the
next
20
years
is
really
important,
as
we
really
don't
have
any
other
source
of
funding
to
add
on
to
that
to
leverage
with
that
esfr
funding
and
we
do
state
in
our
application.
You
know
four
to
six
homes,
but
really
we're
you
know.
In
reality
it
could
be
up
to
eight
or
ten
homes.
D
On
our
esfr
18
three-year
cycle,
which
was
our
first
cycle
of
net
funding,
we
did
15
homes
versus
the
original
allocation
of
five,
so
we
are
really
able
to
turn
these
units
around
and
do
one
of
the
most
effective
means
affordable,
housing
in
Madison
County,
which
is
preserve
the
housing
we
have,
because
it's
so
hard
to
develop
new
housing.
So
we're
asking
for
100
and
I
think
190
000
there.
D
As
you
see
we
have,
we
still
have
some
remaining
from
our
2021
funding,
but
that
we
already
have
those
projects
lined
up
and
that
money
is
going
to
be
spent
well
before
we
actually
are
able
to
execute
this
funding
if
it
was
if
it
was
allocated.
D
H
Good
morning
this
is
April
Burgess
Johnson
with
helpmate
and
councilwoman.
Would
you
remind
me:
do
we
have
three
or
five
minutes
for
this
presentation?
You
have
five
all
right.
Thank
you!
So
much
so
we
appreciate
your
consideration
of
helpmates
request.
We've
requested
157
300
worth
of
home
funding
to
provide
tenant-based
rental
assistance.
This
rental
assistance
will
span
the
one-year
period
covered
by
the
home
tvra
regulations.
H
Helpmate
is
an
organization
that
provides
safety,
shelter
and
support
for
survivors
of
intimate
partner,
domestic
violence,
and
so
the
people
served
under
this
program
would
be
folks
who
are
homeless
because
they
are
fleeing
domestic
violence,
who
are
at
fifty
percent
or
less
of
the
Ami
for
our
area
and
who
are
prioritized
via
our
coordinated
entry
system.
Helpmate
participates
alongside
other
homeless
service
and
housing
provider
in
the
community
to
make
sure
that
those
rental
assistance
funds
get
to
the
folks
who
have
the
most
substantial
need
for
them.
H
But
when
helpmate
works
with
folks,
we
try
to
provide
kind
of
a
beginning
to
end
case
management
approach
with
people
and
it's
a
little
bit
different
than
sort
of
standard
housing
case
management
that
you'll
get
from
other
providers,
because
we're
addressing
additional
issues
that
are
contributing
to
the
lack
of
safety
for
the
families
that
we're
serving
about.
92
percent
of
the
folks
who
are
staying
in
helpmates
emergency
show.
Excuse
me,
91
of
the
folks
who
are
staying
in
helpmates.
H
Emergency
shelter
are
at
extreme
risk
of
homicide
due
to
domestic
violence,
and
so
our
shelter
literally
shelters
those
folks
who
are
most
likely
to
die
if
we
don't
shelter
them
and
shelter
is
one
of
the
primary
referral
sources
into
our
housing
case
management
programs.
So
we'll
work
with
folks
on
emergency
shelter.
We
provide
access
to
a
24-hour
hotline.
We
offer
free,
individual,
counseling
and
group
support
for
folks.
We
help
people
navigate
the
civil
and
criminal
justice
systems
to
make
sure
that
any
legal
needs
that
have
stemmed
from
the
abuse
they've
suffered
are
addressed.
H
We
work
hand
in
glove
with
Department
of
Social
Services
as
appropriate
to
address
the
needs
of
child
maltreatment
that
may
arise
out
of
domestic
violence
that
those
adult
survivors
are
experiencing
and
when
somebody
comes
into
our
housing
program,
we'll
do
an
individualized
gold
plan
with
each
of
each
of
those
folks
on
behalf
of
their
family
right,
so
we're
addressing
goals
that
are
meeting
the
needs
of
the
child
survivors
and
the
adult
survivors
in
that
family
and
we'll
look
at
things
like
what
is
your
income
level
are
the
things
that
we
can
help
you
access
that
may
boost
your
income
earning
potential,
so
that
needs
for
these
kinds
of
supports.
H
Like
rental
assistance
goes
down
over
time,
we'll
do
a
comprehensive
screening
to
make
sure
that
folks
are
eligible
for
the
housing
program
into
which
they've
applied.
If
somebody
is
prioritized
via
that
coordinated
assessment
process,
then
we'll
help
folks
with
the
Housing
search
we've
developed
relationships
with
landlords
to
try
to
bolster
the
number
of
folks
who
will
accept
rental
assistance
funding.
H
We
do
that
some
in
partnership
with
Thrive,
who
helps
us
locate
some
local
landlord
options,
Once
A
match,
is
made
between
a
Survivor
that
we're
working
with
and
a
landlord
we'll
do
those
housing,
quality
inspections
will
work
with
that
Survivor
and
the
landlord
the
lease
is
between
the
Survivor
and
the
landlord
helpmate
is
the
payee
for
a
prescribed
period
of
time,
but
you
know
we're
intentional
about
making
sure
that
that
lease
is
between
those
two
folks
so
that
it
can
endure
after
our
period
of
assistance
ends,
because
we
want
this
to
be
a
long-term,
stable
match.
H
All
of
our
services
are
required
to
be
voluntary
by
federal
law,
and
so
we
don't
prescribe
a
minimum
or
maximum
length
of
service.
Rather,
we
stand
at
the
ready
to
provide
ongoing
services
for
as
long
as
that
family
needs
us
and
we
can
step.
You
know
if
there's
a
period
of
dormancy
where
things
are
going:
okay
and
then
there's
another
event
or
a
set
of
circumstances.
That
requires
us
to
be
needed
again.
We
can
step
back
in
and
continue
to
offer
that
support
seamlessly.
H
We
would
serve
six
households
representing
17
people
under
this
partnership.
I
will
note
in
the
staff
evaluations
that
came
to
us.
There
was
a
note
that
we
had
not
yet
spent
down
home
funds
because
we
didn't
go
under
contract
for
any
home
funds
until
just
a
couple
of
months
ago,
and
so
we
are
now
in
the
process
of
enrolling
people
and
understand
that
our
old
Awards
would
need
to
be
addressed
before
new
awards
were
offered.
H
But
I
will
say
this
program
meets
a
pretty
clear
and
consistent
Regional
need
every
last
year
helped
make
shelter
272
survivors,
another
392
survivors
came
to
us
who
were
homeless
because
of
abuse.
They
were
fleeing
their
situation.
We
found
them
shelter
elsewhere,
but
there's
a
strong
documented
need
to
address
homelessness
caused
by
domestic
violence,
both
through
our
shelter
program
and
through
this
housing
program,
which
are
intertwined
with
one
another
in
a
way
that
I
think
is
Meaningful
to
the
folks
that
we
serve
so
I.
A
A
I
I
There
are
76
houses
currently
built
with
families
living
them
in
them,
and
Dodd
Meadows.
We
anticipate
closing
quite
a
few
more
that's
not
part
of
this
grant.
In
early
this
coming
year.
I
That
neighborhood
is
has
won
awards
for
its
Innovative
design
with
the
garden
and
the
community
center.
We
serve
families
between
30
and
80
percent
of
the
average
median
income,
and
what
that
comes
down
to
in
numbers
of
families
that
we
see
about,
50
percent
of
them
are
below
50
percent
of
the
Ami.
Our
goal
is
to
sell
houses
to
families
who,
at
a
rate
that
exceeds
no
more
than
30
percent
of
their
monthly
income.
I
We
rarely
have
families
over
70
percent
of
Ami
to
apply
for
homes
what
we've
noticed
and
if
you
all
will
notice
that
the
the
amount
that
we
are
requesting
this
year
has
gone
up
quite
a
bit
from
what
we've
requested
in
the
past.
For
down
payment,
it's
what
we
were
requesting
is
forty
thousand
dollars
down
payment
assistance
on
eight
homes
to
be
built
during
this
grant
period
by
June
2026..
I
The
reason
for
that
is
combined
with
the
fact
that
we
are
seeing
our
percentages
of
families
that
are
in
the
lower
part
of
the
Ami
more
of
those
applying,
but
in
addition
to
that,
our
homes
were
appraising
at
200,
000
and
now
they're
appraising
at
280
000,
meaning
that
we
had
to
make
up
more
of
a
down
payment.
Habitat
makes
up
the
difference
between
the
other
donors,
and
generally,
our
the
average
amount
that
habitat
puts
in
toward
a
house
is
about
fifty
thousand
dollars
of
our
cash
to
make
up
for
down
payment
to
families.
I
We
do
have
some
families
that
we've
put
in
as
much
as
ninety
thousand
dollars
for
one
house,
so
there's
that's
our
concern
in
the
following
year
is
trying
to
figure
out
what
we're
going
to
have
to
put
down
and
trying
to
budget.
For
that.
Also,
with
the
not
really
understanding
are
we
going
to
state
that
50?
I
Are
we
going
to
have
more
families
that
are
in
the
lower
lower
end
of
that
the
infrastructure
for
phases
three
and
five,
which
is
our
last
three
and
six,
which
is
our
last
two
phases,
is
well
underway:
we're
actually
having
roads
plowed
in
at
this
time,
that's
being
done
by
site,
Development
Corporation
the
cost
of
doing
that
infrastructure
is
2.5
million
dollars.
I
We've
achieved
that
with
a
two
million
dollar
Grant
I
mean
a
two
million
dollar
loan
from
Dogwood
Health
Trust
at
a
lower
interest
rate
and
and
then
we're
making
up
the
the
other
0.4
million
with
other
funds
that
we
have.
The
infrastructure
will
be
ready
for
us
to
begin
building
by
the
end
of
April.
I
We
had
hoped
it
would
be
March,
but
we're
running
a
little
bit
behind
with
infrastructure
development,
with
a
few
of
the
rainy
days
that
we
couldn't
get
to
that
our
goal,
because
this
also
overlaps
a
little
bit
with
shop
money
for
infrastructure,
we'll
have
three
houses
produced
by
February,
the
end
of
February
of
2024,
an
additional
three
by
the
end
of
May
and
then
there's
two
other
ones
that
we
want
to
kind
of
cross
over
and
try
to
have
done
by
the
end
of
June,
which
should
be
this
particular
Grant
period,
meaning
eight.
I
This
last
two
phases
of
Dodd
Meadows
have
35
homes
in
them,
and
so
we
are
in
the
process
of
hiring
right
now
to
have
additional
staff.
We
don't
want
our
repair
program
to
decline
with
all
this
building
going
on,
so
we're
hiring
one
additional
person
for
supervisor
supervisory
roles
and
repair
and
two
more
that
will
be
General
construction
that
will
help
us
get
these
particular
homes.
Complete
we're
we're
excited
about
the
opportunity
in
following
years.
I
Our
plan
is
to
try
to
start
doing
more
multi-family
homes,
but
these
homes
were
already
laid
out.
This
neighborhood
was
already
laid
out,
so
it
really
was
cost
prohibitive
to
change
all
of
that.
But
that's
what
you
can
expect
from
us
in
the
future
to
try
to
get
as
many
homes
as
we
can
on
one
piece
of
land.
J
Hello,
happy
Friday
and
happy
Saint,
Patty's
Day
to
everybody.
Thank
you
guys
for
having
me
I'm
here
to
talk
to
you
about
home
diversion
the
version
is
a
a
best
practice.
That's
used
in
homeless
service
Provisions
to
assist
individuals
in
resolving
a
housing
crisis
by
utilizing
natural
supports
and
resources
to
ensure
that
Homeless
experience
is
short-lived.
J
So
when
an
individual
presents
to
us
and
their
experience
in
homelessness,
our
first
order
of
business
is
to
assess
exactly
what
is
going
on
with
the
individual,
what
their
barriers
are
and
if
they
have
the
ability
to
increase
income
or
maintain
stable
income.
That
would
help
us
to
put
them
in
a
position
for
housing,
stability,
Homeward,
Bound,
utilizes,
a
home
diversion
funding
to
assist
individuals
by
providing
options
for
housing.
J
Our
measurable
outcome,
during
that
funding
period,
was
to
provide
rental
and
utility
assistance
for
12
households
and
Homer
bound
was
able
to
provide
rentaling
utility
assistance
for
23
households.
We
did
that
by
partnering
with
Community
agencies,
as
well
as
property
owners
and
property
managers,
to
make
sure
that
we
were
getting
the
best
bang
for
our
buck
and
working
with
individuals
through
a
very
tough
time
in
their
lives.
J
Staff
at
Homeward
Bound
makes
every
effort
to
ensure
that
appropriate
administration
of
this
program
happens
from
targeted
program
eligibility
through
client
interviews,
conducting
reasonableness
and
budget
assessments
working
with
property
owners
to
confirm
habitable
living
standards
through
property
inspections
and
continued
continued
relationship.
Building
Homeward
Bound
staff
also
conducts
follow-up
with
individuals
that
are
assisted
at
three
and
six
months
to
ensure
positive
transitions
to
community
living
and
to
make
sure
that
they
have
all
of
the
resources
that
they
need
to
continue
to
live.
J
Stably
for
this,
current
funding
cycle
lower
bound
is
seeking
thirty
thousand
dollars
in
home
diversion
funds
to
continue
to
serve
community
members
who
find
themselves
involved
with
circumstances
related
to
housing
stability.
The
increase
in
this
requested
amount
from
the
twenty
thousand.
We
were
previously
awarded
as
prompted
by
current
data
and
reports
that
show
increases
in
rental
pricing
in
the
Asheville
Buncombe
County
area.
J
A
A
Did
we
not
did
they
not
make
it
today,
there's
too
many
boxes
and
unknown
names
for
me
to
no?
But
if
you're
here
from
ldg
wishing
to
speak
about
Maribel,
please
show
up
on
camera
or,
if
you're,
having
technical
difficulties
quickly.
Email
me:
okay,
we're
going
to
jump
to
number
eight,
which
is
Mountain
housing
opportunities
for
Lakeshore
Villas
who's
here
from
MHO.
K
Hey
Sage,
this
is
Adeline
from
MMA
show
hi
go
for
it,
Alan
yeah!
Well,
thank
you.
So
much,
first
of
all
for
having
us
like
I,
said
I'm
Adeline
I'm,
the
project
manager
for
Mountain
housing
on
Lakeshore
Villas,
this
particular
product
and
I'll
just
start
out
with
kind
of
an
overview
of
the
project.
Lakeshore
Villas
is
a
four
percent
Live
tech
project.
It's
a
hundred
and
twenty
fully
affordable
units
of
new
construction
located
in
Arden
North,
Carolina,
directly
south
of
Lake
Julian
kind
of
right
off
of
Hendersonville
Road.
K
We
utilized
the
Buncombe
County
Community
oriented
development
Initiative
for
this
project
to
get
120
units
confirmed
zoning
on
this
site.
One
of
the
things
that
we
are
most
excited
about
the
site
is
in
fact
its
location.
It
is
right
off
of
Hendersonville
Road,
located
in
one
of
the
best
school
districts
in
this,
the
South
Asheville
and
in
terms
of
jobs
and
Workforce.
It's
located
near
all
the
retail
and
jobs
on
Hendersonville
Road
and
is
also
less
than
two
miles
from
the
airport
and
offers
two
public
bus
stops.
K
Public
transportation
stops
less
than
a
quarter
of
a
mile
from
this.
Our
site's
interest,
so
we're
very
excited
about
that
in
terms
of
our
request.
We
are
requesting
a
rather
large
sum
of
1.5
million
dollars
from
you
all
as
a
choto
applicant,
and
this
request
kind
of
reflects
the
nature
of
where
we
are
right
now
with
the
Lakeshore
Villas
project.
K
K
This
request
really
reflects
kind
of
our
our
last
variable
standing
in
the
way
which
is
acquiring
appropriate
funding.
I
know
Commonwealth,
hinted
at
this
earlier
in
the
presentation,
but
we're
facing
you
know
very
variable.
K
K
Again,
we
are
a
Toto
applicant
and
are
ready
to
move
forward
with
this
development,
depending
on
how
funding
transpires
within
the
next
couple
of
months.
So,
thank
you
guys
very
much
again
and
look
forward
to
continuing
the
conversation
later.
A
E
So
this
will
be
a
four
percent
tax
credit
deal
and
we
have
applied
for
700
in
gap
funding
from
you
all
so
just
a
little
bit
about
National,
Church
residences.
So
we
are
actually
headquartered
in
Columbus
Ohio.
We
are
the
Nations
who
are
just
not-for-profit
provider
of
affordable
senior
housing
and
North.
Carolina
is
definitely
a
state
of
focus
for
our
team.
E
We
have
seven
properties
and
more
than
500
units
in
the
state
and
since
2020
we've
worked
to
fund
the
substantial
Rehabilitation
for
the
two
properties
that
we
own
and
manage
in
Asheville,
one
of
which
is
the
subject
at
hand.
Vanderbilt
Apartments,
the
other
one
is
Battery
Park
Apartments,
which
sits
actually
just
across
the
street,
and
we
are
very
excited
to
share
that
we're
set
to
close
on
financing
next
week
on
that
property.
E
That
is
also
a
four
percent
li-tech
project,
but
benefits
from
historic
tax
credits,
whereas
Vanderbilt
does
not
so
Vanderbilt
is
an
existing
senior
development.
Some
of
you
might
be
familiar
with
it:
it's
in
an
incredible
location
on
Haywood
street
right
next
to
Harrah's,
Cherokee
Center.
It
provides
123
efficiency
and
one
bedroom
units.
E
E
E
That
is
the
bread
and
butter
of
what
we
do
at
National.
Church
residences
is
senior
housing
and
all
of
these
restrictions
are
going
to
stay
in
place
following
graduation.
So
this
property
is
really
interesting.
It's
it's
an
old
building.
E
It
was
constructed
in
the
early
1920s
as
the
George
Vanderbilt
Hotel,
along
the
way
it
was
converted
into
housing
for
the
elderly
and
disabled,
and
then
we
purchased
it
in
2006
and
substantially
rehabilitated
it
using
tax
credits
at
that
time,
and
while
it
really
has
been
well
maintained,
no
real
substantial
renovation
has
taken
place
in
in
those
17
years,
and
you
know,
given
that
it
is
an
old
building.
A
lot
of
Building
Systems
and
finishes
are
just
beyond
their
useful
lives.
At
this
point,
accessibility
upgrades
here
are
becoming
extremely
critical.
E
We
submitted
our
application
for
four
percent:
low
income,
housing,
tax
credits
and
bond
volume
to
nchfa
in
January,
and
we
have
walked
the
site
with
nchfa
and
they
expanded
our
scope.
Quite
a
bit
from
what
we
were,
anticipating,
we've
got
both
our
architect
and
GC
on
board
we're
working
through
a
short
list
for
our
investor
and
lender,
and
we
plan
to
go
in
for
permitting
next
month
and
we
are
slated
to
close
and
start
work
in
September
of
this
year.
E
So
just
to
give
a
quick
overview
of
what
our
large
scope
looks
like,
we
will
be
doing
a
lot
of
exterior
upgrades,
including
the
parking
area.
We
need
a
new
roof.
At
this
point,
we
need
to
replace
half
of
the
windows
that
have
not
been
recently
replaced
on
the
interior
everything's
going
to
be
refreshed.
You
know
new
flooring
throughout
full
upgrades
to
all
the
common
areas
in
the
units.
You
know
new
new
kitchens,
new
bathrooms
everything,
but
some
of
them
are
costly
upgrades
they're
going
to
actually
require
some
restructuring.
E
So
I
mentioned
accessibility
updates
to
make
the
building
more
livable
for
those
with
disabilities,
which
is
a
lot
of
our
population
to
some
extent,
that
will
involve
configuring
everything
from
trash
rooms
to
provide
appropriate
turning
radius,
all
the
way
to
moving
walls
in
our
ABA
units.
So
we're
also
planning
on
adding
a
fitness
space
and
a
multimedia
room
where
the
the
space
is
just
currently
underutilized
and
under
programmed.
E
We
have
an
on-site
service
coordinator
at
this
site
and
they
will
really
be
excited
to
leverage
these
areas
and
provide
some
activities
that
really
support
our
residents:
physical
and
mental
and
emotional
Wellness,
with
social
activities
and
nursing
visits.
Things
like
that.
There's
also
some
expenses
Behind
the
Walls
needs.
Here
we
need
to
replace
cast
iron
piping
with
PVC.
E
E
They
are
currently
encapsulated,
but
we
we
plan
to
remove
those
in
this
renovation,
so
all
of
this
work
is
really
essential
in
order
to
you
know,
just
ensure
a
safe
and
healthy
and
dignified
home
residents
for
many
years
to
come,
and
with
the
aid
and
the
size
of
this
property
and
today's
construction
environment,
which
several
other
applicants
have
noted.
Our
Construction
contract
is,
you
know,
over
10
million.
E
Our
total
development
cost
is
over
32
million
we're
already
providing
our
financing
leveraging
permanent
debt
deferment,
deferring
a
really
substantial
portion
of
our
developer
fee
and
we're
still
facing
you
know
a
pretty
significant
Gap.
So
if
the
Gap
remains,
we
will
be
forced
to
kind
of
reduce
some
of
the
scope.
So
we
very
much
appreciate
your
consideration
for
funding.
A
B
So
I
am
Tracy
disenberry,
Tate
I'm
here
on
behalf
of
wtdwdt
development
and
on
behalf
of
our
development
team.
Our
team
has
developed
many
properties
in
North
Carolina.
Altogether
we
have
over
a
thousand
units
in
North,
Carolina
and
wdt
also
has
189
market
rate
units.
One
of
our
partners
fortunately
lives
out
in
Western
North
Carolina
I'm
Steven
Drake,
with
broadcast
construction
he's
also
our
Builder.
He
lives
out
in
Mills
River,
so
he
will
be
right
there
and
be
able
to
manage
the
developments.
B
The
Villas
at
Haywood
is
a
proposed
52-unit
senior
community
in
Buncombe
County,
the
rents
will
be
between
30
and
80
percent
is
what
we're
proposing.
We
are
hoping
to
maybe
do
a
little
bit
of
deeper
targeting
right.
Now
we
are
going.
We
just
received
our
Market
studies
and
we
may
we
have
to
be
able
to
make
that
change.
I'm
having
your
funds
will
definitely
help
us
to
do
deeper,
targeting
the
we
also
have
10
special
needs
units
and
we
always
provide
service
linkages
for
our
residents.
That's
something
that's
very
important
to
us.
B
So
we
like
to
work
closely
with
local
human
service
agencies,
and
our
management
company
is
very
skilled
with
that
Excel
Property,
Management
they're
very
experienced
These
funds,
we're
asking
for
834
178
dollars,
and
our
total
budget
is
twelve
million.
703
348.
These
funds
are
really
critical
right
now,
just
like
everyone
else.
You
know
mentioned
with
construction
costs,
skyrocketing
and
interest
rates
being
so
high
on
the
loans.
We
really
need
these
funds.
The
market
study
came
back
and
said
that
there
was
a
demand
for
509
units
in
this
area.
B
Wdt
has
recently
received
funding
from
the
Consortium
for
our
development
in
Swannanoa
called
The
Villas
at
Swannanoa,
and
that
one
is
underway
that
is
60
units
for
seniors.
So
we
realized
the
demand
and
decided
we
needed
to
look
for
another
potential
development
in
Buncombe
County.
B
C
B
Are
just
looking,
we
submitted
our
initial
application
in
January
and
we're
hoping
to
get
a
commitment
from
the
Consortium
so
that
it
will
help
our
application
in
May.
It
is
very
competitive,
as
you
know
now,
so
these
funds
are
really
critical
to
these
tax
credit
developments.
B
So
if
you
have
any
questions
at
all,
just
let
me
know
and
I
can
move
into
the
other
one.
If
you
want
me
to
do
that.
Okay,
the
other
development
we
have
is
white,
pine
Villas
and
that
one
may
sound
familiar
to
you
who
have
been
on
the
board
for
a
while,
because
this
is
I
think
our
third
time
applying
for
funds.
You
have
funded
Us
in
the
past
I.
Thank
you
for
that,
but
unfortunately
we
were
not
able
to
receive
the
tax
credits
as
I
mentioned.
B
It
is
highly
competitive
right
now
and
you
know,
nchfa
just
keeps
throwing
different
things
in
the
mix
like
last
year.
They
had
the
walk
score
as
a
scoring
criteria,
which
made
it
very
difficult
for
everyone,
even
though
White
Pine
Villas
actually
has
a
bus
stop
located
there.
So
that's
one
great
thing
about
that:
we
did
reduce
our
units.
B
Originally,
we
were
looking
at
doing
78
units,
but
because
of
cost
being
so
high,
we
did
reduce
them
down
to
60
units,
because
nchfa
does
have
a
cap
on
the
amount
of
credits
you
can
get.
So
we
reduced
our
units
to
try
to
make
the
project
feasible
and
more
competitive.
We
have
a
feeling.
You
know
this
may
be
our
last
chance,
since
we
have
to
keep
talking
the
seller
into
extending
the
option
to
purchase.
So
these
funds
are
definitely
critical.
B
And
I
know
that
you,
the
Consortium,
has
only
done
the
one
project
I
believe
with
wdt,
which
is
the
bills
that
Swannanoa.
So
we
don't
have
a
huge
track
record
yet
since
that
one's
underway,
but
we
have
done
worked
with
a
lot
of
other
local
governments
that
have
home
funds
who
are
very
familiar
with
the
process,
and
we
know
how
to
you
know,
meet
all
the
regulations
we
one
of
the
places
we
worked
in
a
lot
was
Gastonia.
B
We've
done,
I
think
three
developments
there
and
they
funded
all
of
them
because
they
were
very
pleased
with
what
we
did.
So
we
feel
that
you,
you
will
be
the
same
if
we
once
we
get
these
built
and
and
our
Market
study
for
this
one,
it
actually
came
back
that
there
was
a
1202
unit
net
demand.
B
A
You
Tracy,
we
appreciate
your
time
and
being
here
today
and
our
applicant
that
number
eight
earlier
I'm
sorry
I'm,
not
sure
which
number
ldg
from
Marvel
it
was
able
to
make
it
so
we're
going
to
go
ahead
and
have
them
present
who's
with
us
from
ldg.
I
G
L
You
great
I'm,
so
sorry
I
owe
you
a
lot
of
apologies,
but
thank
you
for
being
willing
to
come
back
and
circle
back
to
me.
Sorry
for
missing.
So
ldg
is,
as
requested
500
000
in
home
funds
for
development
of
Mirabelle,
which
would
be
156
unit.
L
Four
percent
Bond
deal
and
and
Weaverville.
The
I've
heard
well
have
been
on
folks
have
talked
about
gaps
that
this
our
project
is,
is
no
different
than
and
I
think.
Probably
everyone
else
on
the
call
at
the
beginning
of
January
and
last
year,
which
is
when
the
parenting
first
went
under
contract.
L
We
had
a
very
small
Gap,
less
than
a
million
dollars,
but
the
rise
in
construction
cost
of
construction
labor
and
also
the
interest
rates
the
the
Gap
has
grown
to
just
under
10
million
dollars.
L
This
it
would
go
toward
creating
community
that
has
36
I'm
sorry
units
at
30,
60
and
80
Ami.
The
the
30
units
would
be
covered
by
58
project-based
vouchers
that
were
awarded
through
the
the
Asheville
Housing
Authority
last
year,
and
the
there's
a.
We
think
that
the
project
is
is
fantastic
for
affordable
housing.
For
a
couple
of
reasons,
one
is
it's
proximity
to
the
amenities.
L
This
works
perfectly
on
the
HFA
location
criteria
but,
most
importantly,
there's
a
huge
demand
for
housing
in
this
area.
A
market
study
that
led
commissioned
at
the
end
of
last
year
indicated
they're
about
1500
households
in
the
area
that
will
qualify
to
live.
C
L
At
the
community
and
and
about
a
single,
comparable
unit
for
the
area,
so
big
demand
there
for
housing.
We
we
think
we
think
the
community.
We
hope
that
the
committee
believes
this
would
be
a
good
use
of
of
the
money
and
and
appreciate
your
role's
consideration
of
our
requests.
A
Thank
you
Landon
and
thank
you
to
everyone
who
was
able
to
be
here
and
present
today.
It's
painful
to
hear
all
the
rising
construction
costs
and
interest
rates
and
so
on,
but
I
believe.
That
concludes
our
list
get
back
to
my
yep.
That
is
it
and
again
we
are
meeting
next
week,
March
22nd
at
10
A.M
for
funding,
recommendations
and
allocations.
A
C
I
just
wanted
to
double
check.
If
we
do
have
questions
about
any
of
the
applications,
should
we
funnel
those
through
staff?
Will
we
have
a
chance
to
ask
any
of
those
before
we
start
making
recommendations.
A
That's
a
good
question:
I
think
maybe
sending
them
Nikki.
What
do
you
think
to
myself
and
you
so
we
can
kind
of
get
them
all
in
one
place
and
yes,.
G
I
think
if
you'll
just
send
them
to
me
and
to
our
staff,
we'll
see
if
we
can
move
forward
on
that
we
are.
We
are
yeah
I'm.
Looking
at
my
comments,
yes
Christina,
if
you
can,
if
you
can
send
those
to
to
staff,
we'll
we'll
share
those
with
the
applicants.
A
L
A
To
see
that
we
had
such
great
turnout
and
everybody
was
able
to
be
here
for
the
presentations,
almost
everybody.
So
thank
you,
and
if
we
get
your
questions
quickly,
we'll
get
them
to
the
groups
quickly
and
we'll
get
them
back
to
you
quickly.
So
time
is
of
the
essence.
I
hope
the
rest
of
you
I
hope
you
have
a
rest,
a
great
rest
of
your
day.
It's
Friday.