Report: D.C.’s Affordable Housing Funds Aren’t Going as Far as They Were Just a Few Years Ago
By DC Fiscal Policy Institute • March 11, 2019 • Affordable Housing & Ending Homelessness
DC’s $100 million annual investment in the Housing Production Trust Fund (HPTF) is producing one-third fewer units today than 4 years ago, due to rising construction costs and other factors, a new analysis from DCFPI finds.
A property tax cut being considered by the DC Council would cut taxes for DC’s wealthiest homeowners, worsening DC’s already wide racial and economic inequities, according to an analysis by the DC Fiscal Policy Institute.