The “Affordable Homeownership Preservation and Equity Accumulation Amendment Act of 2013,” Council Bill 20-604, over time could reduce the amount of resources available for future housing needs by shrinking how much of the public’s investment in affordable housing is preserved. While the bill currently proposed would make several changes that would exclude many current affordable homeownership organization’s efforts, amendments to reverse these proposed changes have been agreed to by the key supporters of the bill with the Coalition for Non-Profit Housing and Economic Development (CNHED).
Category: Affordable Housing
DC AHA Briefing: Local Rent Supplement Program
LRSP is a tool being used to provide housing for District residents with extremely low incomes, including those with special needs. It does so by preserving and producing affordable housing, and by providing direct rental assistance in the form of vouchers.
DC AHA Briefing: Zoning for Housing Choices
After decades of decline, DC is growing rapidly. Last year, the city added 13,022 residents. Housing permits in the last few years have jumped — 3,200-4,600 units/year for 2011 to 2013, up from the peak of 2,800 in 2005.
DC AHA Briefing: Shared Equity – Ensuring DC homeownership benefits residents
Shared equity defined: A shared equity approach balances two competing but valid public objectives in affordable homeownership programs: wealth creation and preservation of housing affordability.
DC AHA Briefing: Public Land Dispositions
Over the last decade, DC has lost half of its low-cost rental units and more and more residents now pay more than 50 percent of the income on housing—a severe burden that leaves them more vulnerable to homelessness.
DC AHA Briefing: New Communities Program
The Deputy Mayor for Planning and Economic Development administers NCP. NCP is the District’s major redevelopment initiative slated to re-develop four low-income public housing complexes in the following neighborhoods:
DC AHA Briefing: Inclusionary Zoning
DC Zoning Commission adopted Inclusionary Zoning (IZ) regulations, and the DC Council and Mayor enacted the program into law in 2006. The final regulations for the law went into effect on August 14, 2009. Due to the recession and grandfathering, IZ units did not appear on the market until 2012.
DC AHA Briefing: Commercial Linkage Program
Commercial linkage programs charge large commercial developments one-time fees which help pay for the affordable housing needed by the people employed by commercial developments. The cities of Boston, San Francisco, and Seattle as well as a number of Washington area suburban jurisdictions collect linkage fees from commercial developments that meet or exceed significant size thresholds. These fees are charged on a per square foot basis.
DC AHA Briefing: Affordable Housing Tax Abatements
Affordable Housing Tax Abatements occur when the District of Columbia forgives all or some portion of residential real property tax on housing for a period of time in exchange for the owner making some or all of that housing affordable to households with incomes below agreed upon levels. Property tax is a significant part of operating cost for affordable housing. If forgiven it could reduce operating costs (see example below) by $100 or more per month per unit.
DC AHA Briefing: Accessible Housing for People with Disabilities
2010 marked the 20th anniversary of the passing of the Americans with Disabilities Act, an event that many in the disability community hoped would signify the beginning of full integration into all areas of life and society for people with disabilities. Indeed, there are more people with disabilities living alongside their able bodied neighbors than ever before. Unfortunately, the amount and quality of accessible housing in the nation’s capital still does not adequately address the need.