Asheville Housing Authority Board of Commissioners Minutes 2026-04-22
Vista Trace affordable housing bond inducement approved
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Description
Commissioners approved a bond inducement for Taft-Mills Group, LLC to pursue up to $15 million in multi-family housing revenue bonds for the 137-unit Vista Trace affordable housing development. The resolution supports the developer’s application to the state housing finance agency.
Contract Details
Contract Amount
Not to exceed $15,000,000
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 inducement; final bond issuance and associated agreements contingent on NCHFA approval and subsequent Board action.
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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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