Carney Place Subdivision Paul Reeves – Director of Construction Services
Our Local Affiliate Incorporated in nd Habitat Store to open in nation Houses: 278+ new, 100+ repaired Volunteer hours on past houses – 458,700 FY15 – 50 families served FY16 goal – 58 families Challenges Land - $35K / lot Securing project funding Land acquisition & development House building
Our Service Area Asheville (pop. 87K) / Buncombe Co. (248K) Low wages and high housing and transportation costs Affordable housing crisis! 38% of owners, 47% of renters cost burdened Challenges Availability and cost of land Rising real estate prices Cost of construction Reduced public financial support
Carney Place Subdivision
Partnership Wins!
What’s Next? Cedar Hill Project Another CoA partnership 55 homes minimum Density and affordability terms will determine final partnership details Spring 2019
And in the Interim? City of Asheville 15 houses in the Shiloh Community Spring 2016 Buncombe County 21 houses in Arden Spring 2017
Thank you Paul Reeves