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Update: Buncombe County GO bond allocations show remaining balances for housing and open-space projects
Summary
Staff reported $30M of $40M in affordable-housing bond funds and $22M of $30M in open-space bond funds have been allocated; remaining balances (~$10M housing, ~$7.7M open space) could be used for Cox/Ferry gaps, land-conservation matches, greenways or another community grants call.
Rachel Sawyer, Buncombe County’s Strategic Partnerships Director, briefed commissioners on the status of the 2022 general obligation (GO) bonds and options for remaining funds.
Sawyer said $30 million of the $40 million affordable-housing bond has been allocated and $22 million of the $30 million open-space bond has been allocated to projects approved by the board. She described administrative and debt lines approved in 2023 and said the…
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