Posts Tagged ‘Affordable Housing’

Real Incomes in the D.C. Area Are Falling

Per-capita income in the D.C. region is $61,743 as of 2012. That sounds pretty high. Between 2008 and 2012, per-capita income in the region increased by 5.4 percent. That sounds pretty good.
Except that incomes weren't the only thing rising. According to a new report from the Center for Regional Analysis at George Mason University, the [...]

The City’s Take on Its Booming Neighborhoods

Last week, I wrote about the D.C. neighborhoods with the fastest-rising home prices, according to the Washington DC Economic Partnership. Georgia Avenue/Walter Reed, Kennedy Street, and Fort Totten led the way, each experiencing 25 percent growth in home-sale prices between 2012 and 2013.
Now the city's come out with its official version, of sorts. As first [...]

D.C. Stacks Up Well on Affordable Housing, Per Report

These days, the issue of housing affordability is everywhere in D.C. It dominates the mayoral campaign, it's invoked to explain the spike in the number of families in homeless shelters, and it's at the center of policy proposals and announcements. The gist of all of these references to affordable housing in D.C. is that we [...]

Affordable Housing Could Be the Big Winner in D.C.’s Budget Boom

Once again, we're rich. The D.C. government will post a $321 million surplus for the 2013 fiscal year, the city's third consecutive budget surplus, new Chief Financial Officer Jeffrey DeWitt announced today. And if we keep it up, the biggest beneficiary will be affordable housing.
Mayor Vince Gray and Councilmembers Phil Mendelson and Kenyan McDuffie worked out a system for spending surplus funds [...]

McDuffie Bill Would Dedicate Surplus Funds to Affordable Housing

Kenyan McDuffie is on something of an affordable-housing tear. The Ward 5 councilmember introduced a bill last summer to provide clearer definitions of "affordable housing" on a project-by-project basis, given that housing classified as affordable can have an income threshold of 80 percent of area median income, which for a family of four is over [...]

Wells: Affordable Housing Must Be Part of D.C. United Deal

The city's effort to complete a deal to swap public land for the site of the proposed D.C. United soccer stadium at Buzzard Point is already well behind schedule, and it's not getting any easier. Both Ward 1 Councilmember Jim Graham and his challenger Brianne Nadeau have pushed for an office use rather than the expected residential development [...]

Mixed-Income Apartment Building on the Way at 7th and L SE

The redevelopment of the Arthur Capper/Carrollsburg public housing complex in the Capitol Riverfront, stalled past its expected 2013 completion date by the recession and the sheer scale of the project, now appears to have new momentum, with the D.C. Housing Authority having secured financing for a 195-unit building on the site.
The news, first reported by [...]

Housing Authority Proposes Separating Affordable and Market Housing in Capitol Riverfront

By most accounts, the development of the Capitol Riverfront neighborhood has been a resounding success: The once-struggling area around the Navy Yard now features lovely parks, major employers like the U.S. Department of Transportation, buzzy restaurants and bars, and a mix of attractive townhouses and shiny apartment buildings. But in one category, it's lagged behind. [...]

Big Developments Are Coming to D.C. in 2014. But Who Will Benefit?

Nothing brings a grin to a mayor’s face quite like raising an oversize pair of scissors and cutting a ribbon. All the more so in an election year. While 2014 does portend some potential pitfalls for Vince Gray—look no further than the process to redraw school boundaries for the first time in more than 30 [...]

We Need More Housing. Lots More Housing.

We constantly hear about D.C.'s population growth—more than 1,000 new residents per month, as Gray administration officials are fond of reminding us—and the resulting threat to housing affordability. But what tends to get overlooked is the sheer challenge of actually building enough housing to accommodate all those new people over the next few decades.
A paper [...]