Posts tagged Dhcd
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A $38 million HUD loan fund will finance affordable housing preservation in DC
DC has secured funding to preserve hundreds of affordable housing units, thanks to a loan program from the Department of Housing and Urban Development. The $38.8 million in financing through HUD’s Section 108 loan guarantee program will be used for affordable housing preservation projects that DC has deemed worthy of funding but didn’t previously have money for. Keep reading…
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The Low-Income Housing Tax Credit, explained
The Hodge, a 90-unit housing development in Shaw, offers affordable apartments for seniors in the District. To create these apartments, developers of the Hodge used the Low-Income Housing Tax Credit (LIHTC) program to partially finance the project. This post explains how the LIHTC works. Keep reading…
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Now more than ever, DC must comply with fair housing rules
Housing in DC is as unfair as it is expensive. There’s a clear discrepancy between the parts of the city with the strongest schools, plentiful amenities like grocery stores and health services, and frequent and reliable transit, and where the most housing—and the most affordable housing—is and is built. Keep reading…
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Should these Anacostia homes become affordable housing?
Four homes in Historic Anacostia have sat vacant and in disrepair for decades, despite years of neighbors’ efforts to redevelop and preserve them. The DC government owns these blighted properties and just recently designated them to be rehabilitated and turned into affordable housing. But some neighbors and DC Councilmembers say an earlier plan— one that would make them market rate homes— should be the one moving forward. Keep reading…
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“We’re already in jail:” Evictions and private policing at Brookland Manor
Some tenants at Brookland Manor say management and a former security company mistreated them, and that the owner, who wants to develop the property, is trying to push them out. This post takes a look at those allegations. Keep reading…
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Would plans for Brookland Manor mean fewer affordable apartments? Yes, if you look closely.
The owners of Brookland Manor say their redevelopment plan would replace all of the existing affordable housing at the complex. Residents and advocates say that isn't true. Read the latest installment in our series on one of DC's most contentious housing cases. Keep reading…
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The Housing Production Trust Fund is helping people, and its problems are fixable
Last week, we learned about some very serious problems with how DC runs its Housing Production Trust Fund (HPTF), a financial tool used to create and preserve affordable homes across the District. That's bad news no matter how you slice it. The good news, though, is that these issues might not be as pervasive as they first seem, and that the problems that do exist are fixable. Keep reading…
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DC’s Housing Production Trust Fund isn’t working as it should, audit finds
A new audit says that due to poor management, the trust fund DC uses to build affordable housing is spending money on all the wrong things. Keep reading…
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The Low-Income Housing Tax Credit, explained
The Hodge, a 90-unit housing development in Shaw, offers affordable apartments for seniors in the District. To create these apartments, developers of the Hodge used a the Low-Income Housing Tax Credit (LIHTC) program to partially finance the project. This post explains how the LIHTC works. Keep reading…
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See all of DC’s new affordable housing in one map
Over 2,000 new affordable housing units have gone up in DC since 2015, and another 8,000 are under construction or in the pipeline. Check out this map to explore the most up-to-date data on the last two years’ worth of completed, under construction, and planned affordable housing in DC. var divElement = document.getElementById(‘viz1472758147350’); … Keep reading…