Since coming into office, Washington, D.C. Mayor Muriel Bowser has committed $100 million every year to the Housing Production Trust Fund (HPTF), more than any city per capita in the country. The HPTF is a permanent, revolving fund that was established on June 1990 with the purpose to produce affordable housing for low- and moderate-income households.
For the 2017 fiscal year, Bowser announced last week that $106.3 million will be invested towards 19 projects in Washington, D.C. Six of the projects will be new ground-up construction developments, while 13 will go towards existing buildings. Approximately 1,200 units below market rates will be built or preserved, benefiting over 2,600 residents.
In order to look back on the projects that were invested in during the 2016 fiscal year, Curbed has mapped all of the projects that received HPTF financing. These projects range from the Conway Center to the Langdon Apartments to the Beacon Center, which also received funding for the 2017 fiscal year.
The New Columbia Community Land Trust Workout and the Hope and a Home Scattered sites in Ward 2 were left off due to not having an address cited here. Were there any other projects left out? Let Curbed know in the comments or email email@example.com.Read More