ASHEVILLE, N.C. (828newsNOW) — A city advisory board has recommended against shifting millions of dollars from affordable multifamily housing projects to Tropical Storm Helene home rebuilding efforts, setting up a potential disagreement with Asheville city staff and City Council as recovery funding decisions move forward.
After nearly three hours of discussion Wednesday, the Housing Recovery Board voted 6-4 against a proposed reallocation that would move $9.2 million from Asheville’s affordable multifamily housing fund into a program that repairs and rebuilds storm-damaged single-family homes.
The proposal, developed by city staff, would also transfer $10 million from the city’s infrastructure recovery allocation into housing, increasing the single-family repair and reconstruction program from $3 million to $22.2 million…