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In exchange, owners agree to set at least 20% of their rents at government affordability rates. Half of those affordable rentals would go to people making 80% of the area median income. Currently that is $42,000 for a single person or $54,100 for a family of three. The rents, without utilities, could be a maximum of $884 for a studio or efficiency apartment and $1,132 for a two-bedroom. Those amounts can change with adjustments in the area median income, but they cannot exceed the 80% affordability level for 20 years. For the other half, landlords must make good faith efforts to rent to people using Housing Choice Vouchers. At 60% of the area median income, a single voucher user makes no more than $31,575 annually and a family of three no more than $40,575. ....
Asheville NC to pay landlords to lower rents citizen-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citizen-times.com Daily Mail and Mail on Sunday newspapers.
Asheville public housing transformed as Lee Walker Heights set to open citizen-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citizen-times.com Daily Mail and Mail on Sunday newspapers.
ACS details preschool relocation, realignment plan to county committee citizen-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citizen-times.com Daily Mail and Mail on Sunday newspapers.