In Equity Residential’s Feb. 1 earnings report, Mark J. Parrell — the company’s president and CEO — was quoted lauding their low resident turnover rates and rent increases.
Content categorized as Development
D.C.’s voucher waitlist is 37,000 people long, but the city government is only planning to fund 20 new vouchers for the residents on it.
Two plots of land in southwest D.C are up for sale and a local resident group is urging the city to purchase it.
A group of homeowners filed a lawsuit against the city and a developer in January, claiming major oversights with the construction of homes that fell apart once they were sold. The homes were financed through a special fund administered by the city to provide affordable housing to low-income, first-time homeowners. But a District judge ruled in late August that the city is not responsible even after helping fund the construction of homes that were faulty. With the developer having declared bankruptcy, it’s unclear what the future of the case will be.
Despite families leaving as early as 2012, redevelopment at Barry Farm continues to see delays, and former residents still are not sure whether – or when – they may be able to return.
The Eckington property is supposed to be developed into affordable housing by Mi Casa, an affordable housing developer. In the meantime, the belongings of encampment residents were thrown away.
The DC Council has recently taken steps to establish a new plan for, and modifications to, the District Opportunity to Purchase Act (DOPA) to increase its utility and use.
Redevelopment of the 15-acre Greenleaf Gardens housing community has been thrown into question now that developers have expressed doubts on whether new units can be built for the public housing residents before razing and redeveloping their current units.
Highlights from Mayor Muriel Bowser’s proposed $17.5 billion budget, which allocates $505.1 million in federal aid to support development of affordable housing.
As part of her goal to construct thousands of new homes across the city by 2025, D.C. Mayor Muriel Bowser is seeking approval from the D.C. Council to invest an additional $400 million into affordable housing over the next two years.
Inconsistent communications from the DC Housing Authority and other agencies continues to harm the community’s trust in Barry Farm’s redevelopment.
In the first of two rounds of votes, the DC Council moved proposed revisions forward to the Comprehensive Plan, despite ongoing displacement and gentrification concerns.
D.C. Council votes to advance the Comprehensive Plan amendment, despite concerns of exacerbating racial inequity.
Tenant voices were conspicuously absent from the deliberation on recommendations that will affect the District’s most vulnerable renters’ ability to remain housed through the end of the pandemic and long after.
The Housing Production Trust Fund will be potentially receiving $263 million this year, despite issues of transparency and the fund’s inability to create affordable housing for those who need it most.
Nine women who used DC’s Home Purchase Assistance Program for first-time homebuyers are now forced into a lawsuit after a multiyear battle over poor construction and repairs of their homes.
The D.C. Tenants Union partnered with tenant leaders at Marbury Plaza in Southeast D.C. to organize a rent strike and push the landlord and city government for repairs and rental relief.
For years, the latest update to D.C.’s Comprehensive Plan has sparked unprecedented public engagement and contention. It is slated to be decided in March.
Tenants from D.C., Maryland, and Virginia marched to the home of White House domestic policy chief Susan Rice on Jan. 23 and called on the Biden administration to include rent cancelation in the latest COVID-19 relief package proposal
Joshua Faison on the need for more low-income housing.