Day: July 27, 2023
TDA approves McCormick Field improvement project investment by narrow vote
It took two tries for the Buncombe County Tourism Development Authority to approve spending nearly $23 million over 20 years for Asheville’s McCormick Field Centennial Restoration & Capital Improvements Project at its July 26 meeting. The motion to fund the project failed 6-2 on the first vote and passed 7-1 after the board voted again 25 minutes later.
Asheville Council approves $1.9 million grant for microhousing development
At its July 25 meeting, Asheville City Council awarded a $1.9 million tax abatement to Aston Flats, a 231-unit microapartment development. The funding is through the city’s Land Use Incentive Grant. The approval came despite staff recommendation to delay the project until new LUIG policies were established to address microhousing units.
