Mayor Bowser Announces 12 Affordable Housing Projects Costing $82.2 Million
Last year, Mayor Muriel Bowser set aside $100 million in her budget to go into the Housing Production Trust. Today, she announced 12 projects that will benefit from the funding, proving that she's "putting those dollars to work," she said at a press conference.
Today we take a giant step toward making the District more affordable for every resident. pic.twitter.com/vfuMQt238S
— Mayor Muriel Bowser (@MayorBowser) January 29, 2016The projects, which represent every ward except 2 and 3, account for nearly $82.2 million in public funding and will house approximately 1,760 D.C. residents, according to a release. The plan is to preserve 466 units of affordable housing, while producing 338 new units.
Preservation Projects
Glenn Arms, 2518 17th Street NW (Ward 1)
Sarah's Circle, 2551 17th Street NW (Ward 1)
Hedin House, 2900 Newton Street NE (Ward 5)
1431 E Street NE,1431 E Street NE (Ward 6)
Huntwood Courts, 5005-5009 Hunt Street NE
Meadow Green Court, 3605-3615 Minnesota Avenue (Ward 7)
Brandywine 30 Preservation, 718 Brandywine Street SE (Ward 8)
New Production Projects
SOME-Spring Road, 1433-1435 Spring Road NW (Ward 4)
3534 East Capitol Street NE, 3534-3552 E Capitol Street NE (Ward 7)
28th Place SE, 1713 28th Place SE (Ward 7)
1708 Good Hope Road SE, 1708 Good Hope Road SE (Ward 8)
Ainger Place, 2412 Ainger PL SE (Ward 8)
Out of 804 units, 216 units are for residents making 30 percent of the Area Median Income (AMI), while 399 units are for residents making 31 percent - 50 percent AMI, and 187 units are for residents making 51 percent - 80 percent AMI, according to the release. Plus, 83 units will be used as "permanent supportive housing units for the homeless," which supports the mayor's goal to end homelessness in the city by 2020.
Still, recent data collected from the D.C. Fiscal Policy Institute showed that over 6,500 of D.C.’s public housing units, which are affordable to tenants, need improvements upwards of $1.3 billion, adding to the District's affordable housing crisis.
"We will continue to build D.C.’s affordable housing supply and create more pathways to the middle class for our residents," Bowser said at the conference.