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County staff report on home repair contracts, CDBG award and bond allocations; some funds under review after rescission
Summary
Buncombe County staff updated the subcommittee on completed and active home-repair contracts, a $400,000 CDBG/Neighborhood Revitalization award and the disposition of unallocated bond funds after a tax-credit project did not proceed.
Buncombe County staff gave the subcommittee a status report on several home-repair contracts and housing funding streams during the Aug. 5 meeting.
Nancy Williams, who presented quarterly funding updates, said the county received $400,000 through a strategic partnerships award (Harbor at MRAD) and that the program paired county funds with partners including Asheville Area Habitat for Humanity and Mountain Housing Opportunities. Williams said Habitat was funded $280,000 and completed a contract to perform 22 home repairs aimed at low- and moderate-income homeowners; Mountain Housing Opportunities received $120,000 with a goal to repair four homes and had completed its draws and reporting as of…
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