The developer insists it's preserving affordable housing. Some residents disagree.
Posts Tagged ‘Kenyan McDuffie’
Bowser is reviewing, and in at least one case scrapping, development awards issued by her predecessor.
Eminent domain: not just for stadiums!
Up to 30 percent of units at new developments on city-owned lands could be set aside as affordable.
Last year, I stood with Doug Jemal on a portion of a derelict lot on New York Avenue NE that he was planning to turn into a major commercial and retail development. The site of the former Hecht Company distribution center—which Jemal, Douglas Development's founder and president, has since decided to turn into residences instead of offices—didn't look [...]
Development, for the most part, has been kind to Brookland. The Monroe Street Market project is bringing two bookstores, restaurants, a bar, a gym, and artist studios to a neighborhood that's lacked in these things. Home prices have jumped in anticipation of these amenities.
But development threatened to claim a beloved victim in the neighborhood: green [...]
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 [...]
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 [...]
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 [...]
The city has taken a couple of stabs at solutions to the increasing unaffordability of housing in the District. Mayor Vince Gray pledged last month to spend $187 million on affordable housing projects—a move in the right direction, but not one that will make new private developments any more affordable. The city's inclusionary zoning policy requires [...]