Asheville Housing Authority Board of Commissioners Minutes 2026-04-22
Sweeten Grass Trace bond inducement approved for Taft-Mills Group
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Description
The Housing Authority authorized a bond inducement for Taft-Mills Group, LLC for up to $16 million in multi-family housing revenue bonds to finance the 153-unit Sweeten Grass Trace affordable housing project. This opens the door for the developer to seek state housing finance agency approval.
Contract Details
Contract Amount
Not to exceed $16,000,000
Vendor
TAFT-MILLS GROUP LLC
Agency
Housing Authority of the city of Asheville, NC
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Renewal Info
Preliminary bond inducement; final bond resolutions and agreements will follow if NCHFA approves the project.
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Asheville Housing Authority Board of Commissioners Minutes 2026-04-22
APPROVEDFY 27 AHSP Taft-Mills Group New Construction Loan Report
REJECTEDTaft Mills Group AHSP Application Staff Report April 2026
REJECTEDIssuing Agency
Housing Authority of the city of Asheville
Local Housing Authority
Asheville, NC
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