Ferry Road Affordable Housing Project
Sector: Road • Location: Buncombe County, North Carolina, United States
Source: WLOS
Buncombe County has submitted applications for low-interest loans to secure developer Urban Atlantic for a large affordable housing project along Ferry Road. The project includes 645 homes and apartments on a 173-acre tract near Bent Creek, with 115 affordable small homes for sale, 270 affordable units, and 260 market rate units. The county has applied for Low-Income Housing Tax Credits and Commun
- Status
- Prospective
- Sector
- Road, Government, Residential
- Location
- Buncombe County, North Carolina, United States of America
- Updated
- 22 Jul 2026
- Source
- WLOS
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Buncombe County has submitted applications for low-interest loans to secure developer Urban Atlantic for a large affordable housing project along Ferry Road. The project includes 645 homes and apartments on a 173-acre tract near Bent Creek, with 115 affordable small homes for sale, 270 affordable units, and 260 market rate units. The county has applied for Low-Income Housing Tax Credits and Community Development Block Grant-Disaster Relief funds. The project is in negotiation stages with a funding gap of about $32 million and an estimated earliest ground-breaking in 2029. |
Original sector | Housing |
Budget |
Location
Country | United States of America (USA) |
State | North Carolina |
City | Buncombe County |
Source
Source | WLOS |
URL |
More Details
Record type | Project |
Sector | Road, Government, Residential |
Article published date | 2026-03-27 |
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