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AHSP Loan Requested for Sweeten Grass Trace Project

Buncombe County logoBuncombe County
Disclosed value
$750,000
From report
Document date
Jan 1, 2026

The 30-second brief

What it covers

Taft Mills Group, LLC has requested a $750,000 FY27 AHSP loan from Buncombe County to help finance the Sweeten Grass Trace 153‑unit affordable multifamily rental project in Arden, NC. The proposed loan would carry a 20‑year term at 2% interest with cashflow-based payments and a balloon principal payment at maturity, but staff are not currently recommending award.

Who holds it

Taft Mills Group LLC holds this financial services contract with Buncombe County. Its other public contracts on record include work for Housing Authority of the city of Asheville and City of Suffolk.

What happens next

Term as filed: 20 years at 2.00%, annual payment from cashflow with principal balloon.

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Contract details

Contract type
Financial Services
Amount
$750,000
Document date
January 1, 2026
Term
20 years at 2.00%, annual payment from cashflow with principal balloon
Vendor
Taft Mills Group LLC
Agency
Buncombe County
Source document
FY27 AHSP Sweeten Grass New Construction Loan Report (Report)

Taft Mills Group LLC's other public contracts

Housing Authority of the city of Asheville, North CarolinaBirkshire Trace affordable housing bond inducement approved · Apr 22, 2026City of Suffolk, VirginiaPlanning Commission Recommends Affordable Housing Rezoning with Proffers · Feb 17, 2026Western Tidewater Water Authority, VirginiaRezoning Proposal for 79 Affordable Units Moves to Council · Feb 17, 2026All Taft Mills Group LLC contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Buncombe County?

Taft Mills Group LLC was awarded this financial services contract by Buncombe County, as recorded on January 1, 2026. The contract value is $750,000.

How much is the Taft Mills Group LLC contract with Buncombe County worth?

The Taft Mills Group LLC contract with Buncombe County is valued at $750,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in FY27 AHSP Sweeten Grass New Construction Loan Report (Report), dated January 1, 2026 from Buncombe County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Taft Mills Group LLC hold?

Taft Mills Group LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Buncombe County currently buying?

Explore Buncombe County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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