Bonds Deliver:

969 new affordable homes for locals.

Millions of dollars redirected for home repairs.

Preventing displacement of local residents.

The 2026 Buncombe Affordable Housing Bond will provide local residents with relief from the pressures of inflation and competition with newcomers with dramatically higher incomes and greater assets.

The 2026 Buncombe Affordable Housing Bond will double down on a proven strategy with a transparent track record. Accordingly, the bond will have full public disclosure of all project spending. Further, the Buncombe Affordable Housing Bond will have a citizens’ oversight committee that audits how the funds are spent to ensure accountability and transparency.

Community benefits of Buncombe County’s 2026 Affordable Housing Bond include:

• Preserving existing housing for seniors and keeping seniors in their homes.
• Improving existing housing for seniors and keeping seniors safe in their homes.
• Providing safe, stable housing for low- and moderate-income local residents who can’t win the bidding wars on homes.
• Providing housing for residents with disabilities who are at low- to moderate-incomes.
• Creating affordable housing that includes parks and children’s playgrounds.
• Protecting scenic landscapes, land, and water by preventing unmanaged development, which is the major source of runoff and leaking septic and sewers. These are top pollution sources for the French Broad River and drinking water.

The past Buncombe County Affordabout Housing bond has delivered the following community benefits:

• Invested in 969 affordable homes through Buncombe County, including: 
• Asheville: 200 safe, stable, affordable homes for working-class locals.
• Woodfin: 120 safe, stable, affordable homes for low-to-moderate income neighbors.
• Weaverville: 156 safe, stable, affordable homes for Buncombe County residents.
• East Asheville: 70 safe, stable, affordable homes exclusively for lower-income local seniors. 
• Enabled homes to include open space, playgrounds, and parks for children.
• Made it possible for millions of dollars to be redirected to home repairs, including:
• —repairing and replacing floors, roofs, walls, doors, basements, and stairs damaged by Hurricane Helene.
• —remodeling homes as needed to meet the needs of aging and disabled long-term residents