As the primary source of support for affordable housing construction and rehabilitation in the district, the decline in funding could be a significant factor in DHCD meeting its projected goals.
That’s right before setting out a lot of ambitious goals:
As the lead agency for low-to-moderate housing opportunities in the District of Columbia, DHCD has confirmed through its consultation and analysis that its focus over the coming years should remain on supporting low-moderate income residents with:
- the preservation, rehabilitation and production of affordable housing
- incentives to include development of housing for very loow to moderate income residents; for the homeless; and for special needs populations
- promoting homeownership opportunities, and
- supporting neighborhood commercial and economic revitalization
Anyway, the full report is also available at public libraries and a number of housing agencies. DHCD has scheduled a hearing on June 3rd for further comment, after which it will put together a final final draft for the federal department of Housing and Urban Development in August.