A luxury apartment building acquired by the Washington Housing Conservancy will be converted into 212 rent-stabilized housing units for middle-income workers.
The Washington Housing Conservancy, a D.C. nonprofit, has acquired a 212-unit apartment building that will be converted to affordable housing, reports Jeff Clabagh for WTOP. “It is the fifth acquisition for Washington Housing Conservancy and the second in the District, expanding its portfolio of affordable housing units in the D.C. area to 1,600.”
According to Clabagh, “Washington Housing Conservancy made the $71.5 million acquisition of the Loree Grand at 250 K Street, NE with financial backing from Amazon and JBG Smith Properties.” The organization plans to stabilize rents for moderate income workers, who are being increasingly pushed out of the District by rising rents, Clabagh explains. “The building is in an amenity-rich neighborhood near Union Market, NoMa and the H Street corridor. A recently-opened early child care and preschool center is nearby.”
FULL STORY: Nonprofit acquires DC luxury apartments for affordable housing
New Jersey Law Clarifies Local Housing Needs
Cities will be required to submit plans for creating sufficient affordable housing under a new state law.
HUD Reforms to Manufactured Housing Policy Could Unlock More Affordable Homes
The agency took a series of steps to make manufactured homes, often excluded from neighborhoods and loan programs, more accessible and affordable.
Opinion: Resort Towns Must Take Action to Keep Housing Affordable
The workers that keep many popular tourist destinations running find it more difficult to find affordable housing near their jobs as more remote workers move to scenic resort areas.
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Median Home Prices Top $1 Million in Over 200 California Towns
Towns once known for their affordability are seeing sharply rising home prices.
LA County Receives Reconnecting Communities Grants
Seven grant awards totaling $162 million will be used for planning, capital projects, and regional partnerships to reduce environmental harm and improve access in disadvantaged communities.
Seine Pollution Could Hinder Olympic Swim Events
Events like the triathlon could be impacted if tests continue to reveal high levels of dangerous bacteria in Paris’ famous river.
Licking County
Barrett Planning Group LLC
City of Cleburne
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
City of Universal City TX
ULI Northwest Arkansas
City of Laramie, Wyoming
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
