Local taxpayer dollars support many important services that help DC residents with basics like healthcare, affordable housing and tax assistance. We at the DC Fiscal Policy Institute have used our summer to update easy-to-read summaries of the largest of these programs. We’ve included information on who is eligible, services that are provided and areas for future focus.
Here is a snapshot from each updated brief. Click on the links below to read the complete summary of each program.
HEALTH CARE & HOUSING
- Provides: Health insurance
- Impact: Assists 225,000 residents (roughly 1 in 3 DC residents)
- FY 2015 Budget: $700 million local funds, $2.1 billion federal funds
- Provides: Health insurance for those who don’t qualify for Medicaid
- Impact: Assists 14,500 residents (primarily undocumented residents)
- FY 2015 Budget: $50 million in local funds
Housing Production Trust Fund (HPTF)
- Provides: New or newly renovated affordable housing
- Impact: Built or preserved an average of 400 units annually since 2009
- FY 2015 Budget: $40 million in local funds
TAX ASSISTANCE
DC’s Earned Income Tax Credit (EITC)
- Provides: Refundable tax credits to low-income working residents
- Impact: 56,000 families or individuals received the EITC in 2011
- FY 2015 cost: $55 million
DC’s Low-Income Property Tax Credit, also known as Schedule H
- Provides: Property tax assistance for renters and owners
- Impact: 8,300 tax filers received Schedule H in 2011
- FY 2015 cost: $19 million
Stay tuned to the District’s Dime for new and updated policy briefs from DCFPI on key programs that help DC’s low- and moderate-income residents.
To print a copy of today’s blog, click here.
