Affordable Housing Plan Update and Recommendations

This guide presents an update on the Affordable Housing Plan for Asheville, including key findings and preliminary recommendations. It outlines the current housing landscape, emphasizing the impact of structural racism and the challenges faced by lower-income residents, including rising housing instability and limited pathways to homeownership. The document details the demographic shifts projected for Asheville, particularly the aging population and its implications for housing needs. It highlights the necessity of preserving existing affordable housing and improving housing quality to meet the diverse needs of residents. Additionally, the guide provides recommendations aimed at promoting long-term affordability, advancing racial equity, and protecting against displacement. It emphasizes the importance of aligning housing policies with city initiatives and fostering collaboration among stakeholders to enhance the affordable housing ecosystem. The recommendations aim to ensure that all residents can thrive in Asheville amidst ongoing changes in the housing market.