Washington D.C.'s Cultural Development Corporation is pushing condo conversions to create affordable housing for low-income artists.
"Though the property is far from what architect Alexis Smith of Manna, the nonprofit development company that is handling the building's conversion, wants it to be by 2009, about two dozen painters, sculptors and performers applied last month to be among the 41 chosen by the Cultural Development Corporation to buy one of the future industrial work-live units."
"It's one of a number of projects in the area aimed at making homeownership a reality for low-income artists. By converting rundown property into condominium units, Manna and the Cultural Development Corporation, a District nonprofit group, are pulling artists into a market that several years ago many could not have afforded."
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