Ferry Road Project Selected for $4M Investment From LIFT

Buncombe County -- April 24, 2024: Buncombe County Government Community News: BIG news! Buncombe County's Ferry Road project was selected for a $4 million investment from the 

Buncombe County Tourism Development Authority Legacy Investment from Tourism (LIFT) Fund. “The Ferry Road project is meant to be a model for sustainable development,” said Board Chair Brownie Newman. “It will include hundreds of new affordable homes and apartments for working families and senior citizens. Ferry Road also includes the creation of a beautiful new public park with miles of trails on the banks of the French Broad River that will be enjoyed by our whole community for generations to come. We appreciate the Tourism

Development Authority stepping up to be a significant partner with Buncombe County on this transformative project.”
This LIFT fund investment brings the project one step closer to becoming a reality!

Building a community

The County is pursuing a plan that features at least 650 residences, with more than half of the apartments and single-family homes reserved for affordable housing. The community will offer opportunities for households earning less than 80% of the Area Median Income (AMI) (think teachers, childcare workers, and first responders) to rent or buy a home surrounded by abundant natural resources.

Conservation at the heart

A key feature is the conservation of 70+ acres along the French Broad River, guaranteeing protection of tributaries and an ecologically significant wetland. Additional benefits include potential access to childcare and/or health care facility on site and recreational opportunities with a community green, pocket parks, and nearly 4 miles of new trails and greenway connecting the community to the larger Buncombe County trail network.