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ArtSpace feasibility study: council told artist‑housing model not currently viable in Fayetteville
Summary
Arts Council members heard a feasibility report finding strong need for artist housing but concluded the ArtSpace model is not presently financially feasible in Fayetteville because of a state per‑unit cost cap and funding gaps; members urged continued site diligence and state advocacy.
Consultants presenting an ArtSpace feasibility study told the Fayetteville Arts Council on Oct. 15 that the work confirms a clear need for artist housing and live‑work units but that the ArtSpace model — as implemented in some other U.S. cities — is not currently a viable financing model in Fayetteville.
The consultants and staff cited a state per‑unit cost cap for certain affordable‑housing…
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