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Office of the Deputy Mayor for Planning and Economic Development
 

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June Housing Bloom Showcases Affordable Housing Efforts

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Street Sense - Khyeria Ferguson

Mayor Muriel Bowser’s administration orchestrated the “June Housing Bloom” to focus on the affordable housing crisis in the District of Columbia. According to the Department of Housing and Community Development (DHCD), this month-long initiative showcased how the public and private sectors are partnering to produce and preserve affordable housing.

DC Launches Loan Program to Help Property Owners Boost Tenant Safety

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NBC4 Washington
 

When property owners do not have money to make repairs to their rental properties, tenants can be forced to live in dangerous conditions, D.C. officials said Friday as they announced the creation of a loan program.

The $3 million program will offer property owners low-interest loans of as much as $250,000 per building to bring properties up to code.

A wealth of resources for first-time home buyers in the Washington area

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Washington Post - Michele Lerner

The most difficult step for most first-time home buyers, according to research from the National Association of Realtors, is gathering the funds for a down payment.

In housing markets such as the Washington region, saving money to purchase a home can be doubly hard: Not only are homes expensive, requiring more cash for even a minimal down payment, but rents are also high, making it tougher to save at all.

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