How a Strike Force Recommends DC Save its Rental Housing Market
A group set up to recommend ways that DC can transition from emergency tenant protections implemented during COVID to a more permanent set of protections, as well as identify reform measures that can increase affordable housing stock, released those recommendations on Friday.
The recommendations from the Saving the District’s Rental Housing (SRH) Strike Force include:
- In the near-term:
- Prioritizing rental relief for the most financial vulnerable in DC; and
- Permitting eviction notices and filings to resume in some cases.
- In the mid-term:
- In the long-term:
- Use federal funding toward affordable housing production, including via land and commercial building purchases;
- Incentivize creation and preservation of housing affordable to extremely low- and middle-income households in High-Opportunity Neighborhoods; and
- Support using increased density for affordable housing production.
The SRH Strike Force was formed last December by Mayor Bowser to ensure the city bounces back from the economic hardships and restrictions imposed by the pandemic. For tens of thousands of city residents, those hardships included an inability to pay rent. Meanwhile, the Class A apartment market was impacted by increased vacancies and steep rent decreases in most neighborhoods.
See other articles related to: affordable housing, affordable housing dc, dc rental market, dopa, topa
This article originally published at https://dc.urbanturf.com/articles/blog/how-a-strike-force-recommends-dc-save-its-rental-housing-market/18298.
Most Popular... This Week • Last 30 Days • Ever
DC's homebuyer assistance programs can be a bit complex. This edition of First-Timer ... read »
When it comes to financing a home purchase, a 30-year mortgage is one of the most com... read »
Pocket listings are growing in popularity in the low-inventory market in the DC regio... read »
Margarite is a luxury 260-apartment property known for offering rich, high-end reside... read »
The owner of 700 Monroe Street NE filed a map amendment application with DC's Zoning ... read »
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