housing affordability

North Carolina’s top insurance regulator has rejected the industry's request for a 42% increase in homeowners’ insurance premiums. Insurance Commissioner Mike Causey says he's told them “No” and scheduled a hearing for October to evaluate what average increases would be reasonable.

A low-income housing complex in Cherokee County is underway after receiving over $3.4 million dollars from the state. Murphy Town Manager Chad Simons says the 56-unit project will be available for families that make between 40% and 60% of the median income.

Compass Point Village will be a permanent home for 87 of Asheville’s most vulnerable residents.

Voters in Asheville this fall will decide a $74-million bond referendum. But it will take more than one vote. On the front side of the ballot, Asheville…