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Merritt Park,
shown on the left, is a mixed-use, mixed-income development adjacent to
downtown Asheville NC . The building
has 16 condominium units and one office.
Nine of the 16 residential units are subsidized to provide housing for
families making less than 80 percent of the area median income, increasing
affordable housing options in downtown Asheville. Because of the building’s location close to
downtown, it would be possible for a family living here to have only one car,
freeing up more of the household’s income for making the mortgage payment.
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