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D.C. Closes Financing For 185-Unit Affordable Project In Petworth

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A project that would create 185 affordable housing units in Northwest D.C.'s Petworth neighborhood is moving forward. Mayor Muriel Bowser announced Friday the District closed the financing for the Spring Flats project, a redevelopment of the historic Hebrew Home at 1125 Spring Road NW. The deputy mayor for planning and economic development selected Victory Housing in 2017 to develop the project. Wiencek + Associates is the project's architect. The property sits less than a half-mile from the Georgia Avenue-Petworth Metro station on the Green and Yellow lines....

There are many chaos in the epidemic period in Washington ... landlords catch people, day care centers charge fees, and frauds occur frequently

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Washington DC Attorney General Karl Racine said this week that there have been more and more complaints from landlords, parking lots, day care centers, etc., and that small businesses have spurred prices and telephone frauds have occurred frequently….

Mayor Bowser Increases Funding for the Small Business Recovery Micro-Grant Program

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Mayor Muriel Bowser and the Office of the Deputy Mayor for Economic Planning and Development (DMPED) announced more than $ 8 million in additional support for DC's Small Business Recovery Micro-Grant Program. The notifications to the companies to which the financing has been granted will begin this Thursday, April 30 and will continue until May 8, 2020….

To increase the availability of resources to meet needs, DMPED is partnering with the Department of Housing and Community Development (DHCD) and Events DC and has allocated $ 3 million in federal aid funds to the grants.

Housing Production Trust Fund May 2020 Advisory Board Meeting

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The Housing Production Trust Fund (HPTF) Advisory Board (Board) was established by the Council of the District of Columbia, under the Housing Production Trust Fund Act of 1988, effective on June 8, 1990 (DC Law 8-133; D.C. Official Code section 42-2802.01), as amended. The purpose of the Board is to advise the Mayor on the development, financing, and operation of the HPTF and other matters related to the production of housing for low to moderate-income households.

D.C. Procures $300M in Financing to Preserve 102 Affordable Homes

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The D.C. Department of Housing and Community Development has closed several loans from the Oramenta Newsome Predevelopment Loan Program, which offers nonprofit developers and housing cooperatives access to capital for predevelopment costs, for three affordable housing projects in Wards 5, 7, and 8.

The loan program, named in honor of Oramenta Newsome, a key D.C. housing advocate who died in February 2018, was established by Mayor Muriel Bowser with $1 million in funding from the Housing Production Trust Fund and $1 million from D.C. Housing Finance Agency.

Here Are Financial Resources Available To D.C. Residents During The Coronavirus Crisis

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The national coronavirus outbreak is hammering the U.S. economy, and the District of Columbia is no exception. Businesses across the city are shuttered as a social-distancing mandate keeps many Washingtonians in their homes, triggering an economic nosedive and unprecedented levels of unemployment.

Both federal and local resources are available to individuals, families, and businesses struggling to keep their heads above water as the pandemic continues to make regular operations impossible. Here’s where to start if you’re wondering where to go for help.

Tenants Should Assert Rights During COVID-19 Crisis, Advocates Say

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While the D.C. Council and the mayor have instituted measures to protect renters in the District during the COVID-19 crisis, tenants should be vigilant in protecting their rights, a housing advocate and legal practitioner said.

The council passed legislation on March 17 that prohibits evictions and late fees for renters while the state of emergency and the public health state of emergency exists. In supplemental legislation, rent increases for all residential properties during the emergency and 30 days afterward are also prohibited…..

DC Microgrants Out This Week, Rent Program Announced

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Small businesses will be informed if they qualified for DC’s microgrants program between April 29 and May 8, Mayor Muriel Bowser (D) said at her Monday Situational update. The microgrants were one piece of District economic relief addressed by Bowser at the April 29th COVID-19 Situational update, which also focused on rent relief and questions about monthly billing for services prohibited by the public health emergency….

DC expands small business microgrant program with additional $8M

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D.C. Mayor Muriel Bowser announced more than $8 million in additional funds for D.C. Small Business Recovery Microgrants Program.

The city has already invested $25 million in the fund to provide relief to local small businesses for expenses including employee wages and benefits, rent, and other operating costs. The Office of the Deputy Mayor for Planning and Economic Development (DMPED) has since received over 7,000 applications for the grant program.

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