Asheville and the Asheville Regional Housing Consortium plan to offer $5,402,007 for affordable rental housing and supportive services across four counties. The announced application window opened November 2nd and runs through December 18th, 2026, with all submissions due by 5 p.m. Eastern Standard Time on the final day.
Eligible projects in Buncombe, Henderson, Madison and Transylvania counties, including their municipalities, may apply. The round directs federal housing money to rental housing projects and service programs through the HOME Investment Partnerships Program and HOME-American Rescue Plan, known as HOME-ARP.
The annual HOME rental construction opportunity accounts for $1,400,065. That money is intended for acquiring, building or rehabilitating affordable rental housing units, giving project applicants three eligible ways to expand or improve rental housing through that funding pool…