Entirely affordable housing project proposed off Brevard Road; received city, county loans

ASHEVILLE - As local leaders work to balance housing prices in Western North Carolina, a 100% affordable housing project that received funding from both Asheville City Council and the Buncombe County Board of Commissioners will soon be reviewed by local officials as the developer seeks a conditional zoning request for the project near Brevard Road. If approved, the complex will be one of several funded by the local governments in the hopes rental prices decline.

Pine Lane Apartments is a 126-unit apartment complex proposed for West Asheville off of Brevard Road by the Minnesota-based real estate investment firm Roers Companies. Every unit will affordable at 60% area median income, making it one of the few entirely affordable apartment complexes commercially built in the city...