What's Hot: A First Look At 135-Unit Office-To-Residential Conversion Planned At Georgetown's Flour Mill
DC Officially Reaches Goal Of Producing 36,000 Homes
✉️ Want to forward this article? Click here.
DC has officially reached Mayor Muriel Bowser's goal of producing 36,000 new housing units.
On Monday morning, Mayor Bowser announced that the city had achieved its goal of creating 36,000 new housing units between 2019 and 2025.
story continues below
loading...story continues above
"Five years ago, we set the ambitious goal of hitting 36,000 homes by 2025 and today we hit that goal," Bowser said. "There are now over 65,000 residents living in their new homes across the city."
Of the 36,000 units produced, approximately 9,845 are affordable, 82% of the goal for affordable housing production (12,000 units). The mayor's office said that there are 2,500 affordable units under construction, and that the city expects to meet the affordable housing target by the end of 2025.
This article originally published at https://dc.urbanturf.com/articles/blog/dc_officially_reaches_36000_home_production_goal/22564.
UrbanTurf Listings showcases the DC metro area's best properties available for sale.
Most Popular... This Week • Last 30 Days • Ever
As a homeowner, it's important to understand the types of insurance you need to prote... read »
While the number of homes on the market is much higher than last year, that probably ... read »
The conversion will likely bring some very high-end residences to the neighborhood.... read »
As home prices hit a record in the region last month, one property type took the lead... read »
Zillow recently found that apartment renters needs to have an income of approximately... read »
- What Types of Insurance Do You Need When You Own a Home?
- DC-Area Home Prices Set Record In April As Supply Soars
- A First Look At 135-Unit Office-To-Residential Conversion Planned At Georgetown's Flour Mill
- The Price Of A House In The DC Region Has Never Been Higher
- DC-Area Apartment Renters Need To Earn $91,000 To Afford Median Rent, Per Report
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro
