2016 Bond Information

2024 Bond Referendum: At their June 25, 2024 meeting, City Council adopted a resolution introducing a General Obligation bond referendum to be voted on in November 2024. A public hearing will be held on July 23, 2024 at the regularly scheduled City Council meeting. In addition to the public hearing, City Council will be asked to adopt the bond orders, set the special bond referendum, and finalize the amounts in the four bond categories.



In 2016 voters approved a bond referendum to finance capital improvement projects across the city. A total of $74 million was issued for projects categorized by three focus areas: 

  • $17 million for parks

  • $25 million for housing

  • $32 million for transportation 

These projects help address the city’s unfunded capital needs and supplement funding for projects that are already in the City’s annual budget and capital improvement program (CIP).  

Progress

All of the $74 million from the 2016 bond has been spent, encumbered, or committed to specific projects. Project progress is communicated through the Dashboard for CIP and Bond projects and Capital and Bond Project Map. Quarterly updates are also provided to City Council at their regular meetings. 

 


Parks

The $17 million of parks projects support the completion of major improvements to five parks and recreation facilities; acquiring land for parks; and improving outdoor courts, playgrounds and ball field lighting throughout the city.

October 2023 News Post: Bond-funded projects improve Asheville Parks & Recreation sites for community

 

(Click the image for Parks bond project information from the dashboard)

 


Housing

The $25 million for housing affordability provides additional support for the Housing Trust Fund and other programs that assist in creating diverse and affordable housing choices. It also enables the City to re-purpose city-owned land for development that supports housing affordability.

Affordable Housing Webpage

 

(Click the image for Housing bond project information from the dashboard)

 


Transportation

The $32 million of transportation projects support the completion of road resurfacing and sidewalk improvements; new sidewalk and greenway projects; and pedestrian safety projects such as bus shelters, accessible crossings, signals, and traffic calming.

Transportation Project Lists

Bond Road Resurfacing List
Bond Bus Shelter Location List
Bond Traffic Calming List

 

(Click the image for Transportation bond project information from the dashboard)

 


Resources

Interactive Project Map 

Property Tax History and Context

Benchmark Study Results

Bond Referendum Overview

Bond Video

Presentation

Focus Area Flyers

Affordable Housing Score Card

Citizen Survey Results

Parks and Recreation Master Plan

Asheville in Motion (AIM) mobility plan

Transit Master Plan

2013 Greenway Master Plan Updates with Map

2015 Housing Needs Assessment and Market Study

Ballot Language

2017 Presentation to Council – (February 7, 2017)

2016 Presentation to Council – (December 13, 2016)

City Source Article – (November 9, 2016)

Understanding Bonds and the Referendum Process

2016 Bond Referendum Process Timeline

 


Contact Information

Vicky Haskell, Capital Projects
828-767-2077