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 payment assistance for low- and moderate-income homebuyers
  • $3.3 million for public housing repairs