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Oak Hill Housing

Oak Hill Housing

The City is in the process of developing 3.72 acres of City-owned land at 29 Oak Hill Drive, off of New Leicester Highway. The goal is to build affordable housing for ownership or rent that will increase the supply of safe, stable, and affordable housing in the area. At this time, the project is on hold, and the City will look to restart the process in 2027.

Happening Now 

The project is on hold. No city funds have been spent, and no contracts or loan agreements have been signed. The City plans to restart the process in 2027.

Supporting Documents

Contact Information

Sasha Vrtunski, Affordable Housing Officer
 affordablehousing@ashevillenc.gov

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complete

June 2, 2025: RFP released

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complete

August 2025: Developer selected

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complete

September 2025: Discussions with developer begin

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complete

June 2026: Land and funding consideration

City Council authorized staff to proceed with the sale of the land and a $1.6 million Housing Trust Fund loan for the development of 42 townhomes. This approval was subject to the completion of additional due diligence and the satisfaction of Housing Trust Fund financial requirements.

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planned

September 2026: Partnership terminated

During the due diligence period, staff determined that the partnership with 29 Oak Hill LLC was not in the best interests of completing the project. The partnership was terminated, and the City is now exploring alternative options.