What's Hot: 142-Unit Development At Inn of Rosslyn Site Moves Forward | Mortgage Rates Inch Closer To 7%
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.
Most Popular... This Week • Last 30 Days • Ever
Estate taxes, also known as inheritance taxes or death duties, are taxes imposed on t... read »
The application may signal movement on the massive mixed-use project.... read »
Buffett called the five-bedroom listing home when his father, Howard Buffett, was ser... read »
Penzance has unveiled its striking new plans for Rosslyn.... read »
A new report finds that the current housing market is split into two groups.... read »
- What Are Estate Taxes and How Do They Work?
- Raze Application Filed For Site Of 900-Unit Development, Food Hall Along Anacostia River
- The Oracle of Spring Valley: Warren Buffett's Childhood Home in DC Hits the Market
- Three Buildings, 862 Units: The New Plans For Rosslyn's Skyline
- The Two Housing Markets
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