Accessing Low-Income Housing Development in Washington, DC
GrantID: 2900
Grant Funding Amount Low: $50,000,000
Deadline: Ongoing
Grant Amount High: $50,000,000
Summary
Grant Overview
Washington, D.C. is facing a critical housing affordability crisis, with the National Low Income Housing Coalition reporting that the city has the highest rate of housing cost burden for low-income families in the nation. This situation is particularly dire for households earning less than 30% of the area median income, who are often forced to make difficult choices between housing, healthcare, and other essential needs. The city’s high demand for housing combined with limited availability has resulted in significant challenges for low-income residents.
The funding initiative focuses on supporting the development of low-income housing through policy advocacy and technical assistance for developers. Eligible applicants include nonprofit organizations, community development corporations, and local government agencies committed to increasing the stock of affordable housing. These organizations face a tough landscape due to rising costs of materials and labor, requiring targeted support to successfully develop new housing units that are both affordable and accessible.
Applicants must demonstrate a feasible plan for developing low-income housing that meets the city’s zoning and building regulations. They must also outline how their proposed projects will contribute to increasing the availability of affordable units in D.C. Furthermore, a steering committee of stakeholders will evaluate proposals based on their financial viability and potential community impact.
Creating more affordable housing units is essential for D.C. to combat the ongoing crisis and promote equitable living conditions. The initiative aims to create a measurable impact, with the goal of increasing the total number of affordable housing units available to low-income families. This aligns with broader policy goals aimed at reducing homelessness and stabilizing communities that have been disproportionately affected by gentrification.
To effectively implement these projects, collaboration with local government and community stakeholders will be necessary. Given the city’s unique demographics, including a high percentage of low-income and marginalized residents, tailored solutions that meet diverse housing needs are paramount. Addressing the affordable housing crisis through targeted development grants will enable Washington D.C. to create a more equitable housing landscape that prioritizes accessibility and stability for all residents.
Eligible Regions
Interests
Eligible Requirements
