What's Hot: The Most Expensive Home In Chevy Chase Will Hit The Market For Just South Of $10 Million
How a Strike Force Recommends DC Save its Rental Housing Market
✉️ Want to forward this article? Click here.
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
If the home ultimately sells for around that list price, it would set a record as the... read »
When purchasing a home, it's crucial to conduct a thorough inspection to determine th... read »
The federal government could be shut down by the end of today, and that shutdown coul... read »
The multi-faceted project will include restaurant, bar, fitness and event spaces.... read »
Right on the heels of a $29 million home along Foxhall Road going under contract to T... read »
- Fox News Bret Baier's $29 Million DC Home Finds A Buyer
- A Home Inspection Primer For New Home Buyers
- How a Government Shutdown Could Affect Home Loans
- Union Market Lite? New Food Hall And Event Space Planned For H Street Corridor
- The Trump Effect Continues: $10 Million Georgetown Condo Goes Under Contract
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