Building the Foundation: A Blueprint for Creating Affordable Housing for DC’s Lowest-Income Residents

For the District’s extremely low-income residents, affordable housing can serve as a foundation for overall stability and well-being. Yet the District’s recent efforts to create and preserve affordable homes, whileimportant, have not substantially expanded the availability of housing affordable to city’s lowest-income residents. By examining the subsidy cost of addressing severe rent burden among DC’s extremely low-income residents, this report contextualizes the District’s present investments and outlines a ten-year blueprint to create 30,000 units of deeply affordable housing.   LEARN MORE

What’s In the Approved Fiscal Year 2019 Budget for Affordable Housing?

Summary $100 million for the Housing Production Trust Fund $10 million added to the affordable housing preservation fund $1.5 million to provide rent vouchers for families on the DC Housing Authority waiting list $5.1 million new operating subsidies for affordable buildings, including: $3.3 million to make units developed through the Housing Production Trust Fund affordable to the extremely low-income households, $1 million to help existing affordable units to serve lower income levels, and $850,000 for public housing properties redeveloped through the New Communities Initiative $9.2 million added to Targeted Affordable Housing for residents exiting homelessness $9.2 million boost to down…

Where Is Affordable Housing Being Developed in DC? Explore DCFPI’s New Interactive Map

The District has made substantial investments in affordable housing in recent years, though levels are still far short of what is needed. Where have those investments gone? And which income levels are being served? DCFPI’s new interactive map lets you explore affordable housing that has been newly created or preserved since 2015. The map uses a unique, comprehensive dataset complied by DCFPI. With the release of the map, this detailed, project-level data is available in one place for the first time.   LEARN MORE

CSR Matters: A Different Kind of Bank that Works for the community

A Q&A with Carl L. Hairston, Executive Vice President and Chief Lending Officer for City First Bank Close your eyes and imagine there was a bank whose mission was to create a society in which every individual, family, and community had the opportunity, access to capital, and resources to allow them to improve their well-being and prosper. LEARN MORE

Scaling U.S. Community Investing: The Investor-Product Interface

The Global Impact Investing Network (GIIN) is pleased to publish Scaling U.S. Community Investing: The Investor-Product Interface, in partnership with the Carsey School of Public Policy and with support from the Ford Foundation and the MacArthur Foundation. This report is designed to facilitate greater awareness and alignment of the needs of investors, product managers, and intermediaries in the U.S. Community Investing (USCI) field. READ MORE