Wednesday, July 1, 2020
The District has selected 10 affordable new projects that will receive public investments as it continues to tackle the housing crisis during the coronavirus pandemic. Mayor Muriel Bowser announced Tuesday D.C. is funding the production and preservation of 940 affordable units and over 300 market-rate units, primarily through a $66M investment from its Housing Production Trust Fund. …
Department of Housing and Community Development Director Polly Donaldson, whose agency administers the HPTF funds, said last week she had hoped before the crisis to have a larger budget but is glad it remained at the $100M level.