Buncombe County voters will be deciding on a $40 million bond referendum for affordable housing, with the aim of increasing the number of housing units in Buncombe County for people of low to moderate income.
Proceeds from the bond will support construction of affordable housing for both rental units and for homeownership.
A similar $40 million bond referendum was approved in 2022 with support of 61.94% of voters. Those bond proceeds have supported more than 968 affordable housing units. That puts the county about half way toward its goal outlined in 2030 Strategic Plan of:…