Last Updated on July 30, 2023 10:20 am
The Town of Boone has awarded the Watauga Community Housing Trust $10,000 towards thefirst concrete project for affordable housing within the Town of Boone limits. During the June 6,2023 Town of Boone Budget Retreat, the Boone Town Council pledged $10,000 towards thisproject, with the contingency that the Watauga Community Housing Trust raised $45,000 andthat the property is within Town limits.
With all contingencies met, during the June 14, 2023 Boone Town Council meeting, the BooneTown Council voted unanimously to grant the Watauga Community Housing Trust $10,000 inorder to help this project come to life.
“The Town of Boone is very pleased to be able to participate in this project. The Trust is a smallgroup of community members who came together over 2 years ago to try, in any way, to addressour community housing shortages. These folks are the first to have a real project, be it a verysmall project, at helping address low to moderate income home ownership. Congratulations tothe Watauga Community Housing Trust and the faithful group that brings this project tofruition!” – Edie Tugman, Mayor Pro Tempore
The expected closing date on the property is August 1, 2023. This property will be permanentlyreserved as long-term housing within the Junaluska community. As part of the WataugaCommunity Housing Trust, a deed restriction will be in place in order to ensure that the houseremains affordable into the future for its inhabitants.
“This is another step towards the Town of Boone’s commitment to working with our communitypartners in resolving the urgent matter of access to affordable housing.” – Tim Futrelle, Mayor
For more information, please contact Town Hall at (828) 268-6200.
