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City holds CDBG-DR update: $31M housing allocation, $10M multifamily NOFO, single‑family repair pipeline data shared
Summary
City staff reported a $31M CDBG-DR housing allocation, a signed subrecipient agreement to activate $3M for RenewNC single‑family repair, a $10M multifamily NOFO to be released Jan. 21, and program data showing 264 applications with 188 active in Asheville city limits.
Elma King, CDBG‑DR program manager, and Community Economic Development Director Nikki Reed updated the committee on Jan. 20 about the city's housing allocations and program timelines. King said the housing programs total $31,000,000, with $28,000,000 initially allocated to multifamily activities and $3,000,000 to single‑family repair; a proposed reallocation of $17,000,000 from multifamily to single‑family repair is on hold while staff gathers more data.
King said the city and the North Carolina Department of Commerce executed a subrecipient agreement to activate $3,000,000 for RenewNC single‑family…
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