WE'LL MAKE IT HOME TOGETHER™

December 2025

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2025 has been a transformative year as MHO has undertaken one of the most ambitious housing development efforts in our history. This was shaped by strong partnerships and meaningful progress for future resiliency and development! From breaking ground on new communities to expanded investment in affordable housing and our staff, each milestone shows the work happening across our region as we work to build and improve homes. Click below to read more about our Top 10 highlights from 2025!  

 

On Thursday, December 11th, MHO secured financing for Balsam Edge, an 84-unit affordable housing community located on a new 5-acre site at Howell Mill Road in Waynesville, North Carolina. This marks a significant milestone for the development, which is MHO’s first rental investment in Haywood County. This highly walkable, amenity-rich location will feature 1, 2, and 3-bedroom units and will serve renters who earn from 40% to 60% AMI. Balsam Edge received funding through a 9% Low-Income Housing Tax Credit Award (2022), $7 million from the Self-Help WNC Affordable Housing Loan Fund, disaster relief funds from NeighborWorks America, and a $3.5 million CDBG-DR grant from the NC Office of Recovery and Resiliency (NCORR), secured as part of the Tropical Storm Fred disaster relief efforts, to expand affordable housing in Haywood County. 

 

MHO plans to hold a groundbreaking ceremony in the first half of 2026, and we hope you’ll be able to join us. More details will be shared in the new year. For questions, please contact Allison Rollison at allison@mtnhousing.org.

Everyone deserves a safe place to call home. The need for affordable housing in our region has never been greater, especially in the wake and recovery efforts following Tropical Storm Helene. Support MHO with a gift this holiday season to help ensure more of our neighbors stay healthy, housed, and thriving. Your donation stays LOCAL and helps build, repair, and preserve affordable homes right here in Western North Carolina. Click below to learn more about the many ways you can contribute to MHO! Thank you for your support! 

MHO wishes you and your family a wonderful holiday season! The MHO offices will be closed from December 24th through December 26th, and on January 1st, 2026. We look forward to seeing you in 2026!

 
 

LEARN MORE ABOUT MHO'S AFFORDABLE HOUSING PROGRAMS

Rent an Apartment
MHO preserves and develops affordable communities for individuals, families, and seniors. 
Own a Home
MHO offers several programs to help people achieve their homeownership goals.
Repair a Home
MHO provides essential repairs for people to stay safe and healthy at home. 
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MOUNTAIN HOUSING OPPORTUNITIES

64 Clingman Ave., Suite 101 | Asheville, NC 28801

(828) 254-4030 | info@mtnhousing.org

www.mtnhousing.org