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Asheville Budget Boosts Housing and Recovery
Asheville’s new $275.8 million budget marks a $20 million leap, with a slightly lowered but still steep property tax rate, narrowly approved 4-3 after a tense debate over fiscal discipline, worker wages, and community center funding. A 20-minute break even brought back a 1% 401(k) contribution for employees. Recovery from Tropical Storm Helene is gaining momentum, with over $34 million in FEMA reimbursements already received, and the first home repair under Renew NC completed. But a controversial housing shift—redirecting nearly $20 million from multi-family construction to single-family…
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