Bill Would Require Affordable Housing in Sales of Public Land in Washington D.C.

"A DC Council committee voted…to require developers to include affordable housing any time they buy land from the city for residential development," reports Jenny Reed.

Reed, writing for the DC Fiscal Policy Institute, urges the council to approve the bill: "The Disposition of District Land for Affordable Housing Act of 2013…would allow DC land to be sold below market value to subsidize the costs of the affordable housing. This is a smart approach because it would use land value – rather than needing to use tax dollars – and because it would create mixed-income communities throughout DC."

A few of the details of the proposed bill, scheduled for consideration by the full council on Monday, July 14:

  • "30 percent of the new housing would need to be affordable if it is built within a one-half mile of a metro stop, or one-quarter of a mile from a bus priority corridor or streetcar line. In other areas, 20 percent of the units would need to be affordable."
  • "In housing built as rental, one-fourth of the low-cost units would be for residents making 30 percent or less of area median income (AMI) or $29,000 for a family of three.  The rest of the affordable units would be for residents making 50 percent of AMI, or $48,300 for a family of three."
Full Story: Maximizing DC’s Public Lands for Affordable Housing

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $50.
$369 includes free shipping!
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!
$28.00