Star Point Apartments provides deeply affordable housing, including units for young adults aging out of foster care
By Dee Pridgen
ASHEVILLE, N.C. (828newsNOW) — An affordable housing community has opened along Asheville’s Tunnel Road corridor, bringing 60 new apartment units to residents earning lower incomes, including young adults transitioning out of foster care.
Mountain Housing Opportunities celebrated the opening of Star Point Apartments with a ribbon-cutting ceremony Tuesday, July 28, at the 16 Restaurant Court property. Community leaders, project partners and stakeholders gathered to mark the completion of the affordable housing development.
Star Point includes a mix of efficiency, one-bedroom and two-bedroom apartments for residents earning up to 60 percent of the area median income. Twelve units are reserved for young adults aging out of foster care.
The development is located near Asheville’s East Side commercial corridor, providing residents with access to jobs, retail, restaurants, grocery stores, Asheville Mall and public transportation. Bus stops serving both eastbound and westbound routes are located within about one-tenth of a mile of the community.
MHO COO Tara Irby thanked the project’s partners for helping bring the development to life.
“By being our partners on Star Point Apartments, you have already answered our calls for urgency in support of affordable housing,” Irby said in a statement. “You rallied behind a vision to help provide safe, stable housing along a transit corridor and in close proximity to thousands of service industry and hospitality jobs.”
The ribbon-cutting ceremony included remarks from MHO President and CEO Geoffrey Barton, Asheville Mayor Esther Manheimer, Brian Flanagan of RBC Community Investments, David Kautter of First Citizens Bank, Lynn Pinter of the North Carolina Housing Finance Agency and Irby.