City of Asheville Approves Allocation of Community and Economic Development Resources to Aid Long-term Recovery

Buncombe County

The City of Asheville recently approved reallocation of existing city resources that can be used as grants to support three identified purposes: business restabilization, home repair, and rental assistance.

These resources will be used in advance as the City advocates for State and Federal Government resources to become available.

Over the next two weeks, non-profit partners will be identified to manage the distribution of these funds as grants to the community. One organization will be assigned to each identified purpose.

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The funding for each identified purpose are as follows:

  • $929,000 for business restabilization.
  • $1,465,000 for home repair.
  • $1,000,000 for rental assistance.

In the coming weeks, City staff will release information on the partner agencies, eligibility requirements, and application process to receive assistance.

Home repair and rental assistance funds will be used to supplement FEMA resources.  Residents physically affected by the storm are encouraged to apply to FEMA through their website here: https://www.fema.gov/assistance/individual.

Written by the City of Asheville.