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Buncombe County bond oversight committee reviews housing and open-space allocations, plans new debt sale
Summary
The oversight committee reviewed dashboard updates, heard updates on affordable-housing and open-space projects (including 696 units funded by roughly $30 million in bond money), approved minutes with a spelling correction, and discussed a proposed $2 million match for conservation easements and a new debt issuance.
The Buncombe County General Obligation Bond Oversight Committee on Wednesday reviewed updates to the bond dashboard, heard detailed status reports on affordable-housing and open-space projects and discussed a possible new debt issuance and an additional match request for conservation easements.
Staff introduced the bond dashboard and said it is live and updating; committee members praised the interface but asked for clearer dollar labels on pie charts. The committee approved the meeting agenda and, after a minor spelling correction to a member’s name, approved minutes from the November meeting by voice vote.
Matt Cagle, a housing program presenter for the county, summarized the affordable-housing portfolio and the program’s income rules. "We follow state statute for area median income. So everyone has to be at 80% area median income or lower," Cagle said. He added that awardees to date average closer to 60% AMI…
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