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D.C. report recommends more affordable real estate

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

A housing task force recommends that Washington, D.C., add about 55,000 housing units by 2020 – with about one-third affordable housing – to help the city add 100,000 residents.   The task force was formed by the D.C. mayor and council in 2003 and met in 2004 and 2005 to develop a 15-year plan for improving the housing of residents and providing better access to affordable housing.   The task force report, "Homes for an Inclusive City: A Comprehensive Housing Strategy for Washington, D.C.," was released April 5.   Among the recommendations: The city should double the current level of spending on housing from $3 billion to $6 billion between now and 2020.   "The city must give priority to preserving at least 30,000 existing affordable units including all federally assisted housing," according to the report. The District should support a balanced growth policy which allows for "increased population densities and mixed income, mixed-use development along ma...