An important campaign promise made by DC Mayor Muriel E. Bowser looks to be on its way to coming true. Last Friday, Mayor Bowser announced that she’s earmarked a remarkable $82 million from the city Housing Production Trust Fund to build or preserve more than 800 affordable housing units in DC. During her first year in office, she made a $100 million investment in the Fund. Part of her campaign promises included taking action in the face of staggering rent increases in DC. The money will preserve 466 existing housing units and also will create an additional 338 throughout 12 development projects. In all, 1,700 people are or would be housed in those 800 units. People living there now would keep their homes, and the city would help pay for increased costs. Seven of the project...
- Mayor Muriel Bowser is investing in providing affordable housing in D.C.
- She promised to work on affordable housing and homelessness when she campaigned for mayor.
- The $82 million allocated to the housing fund will help provide 800 housing units.