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
As the year draws to a close, homeowners have the opportunity to maximize their tax b... read »
Plans for the large new residential project are looking to get started again after mo... read »
The Wall Street Journal is reporting that Jeff Skoll has purchased two homes on nine ... read »
Some interesting residential plans are on the boards for the church at 16th Street an... read »
The Sidney features 48 beautifully designed condos, and is one of DC’s only large c... read »
- What Homeowners Should Do Before The End of the Year
- Plans Filed For 230-Unit Development At Brookland Metro Station
- EBay's First President Buys McLean Homes For $17 Million
- A Nine-Story Condo Building Floated For 16th Street Church Property
- A First Look At The Sidney: 48 Condos Debuting Soon Near Union Market
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