What's Hot: 702,000: DC Sees Population Rise Again In 2024
14,400 Units: DC is Nearly Halfway to Meeting 2025 Housing Production Goals
✉️ Want to forward this article? Click here.
At the beginning of 2019, DC Mayor Muriel Bowser stated that the city needed to add 36,000 new housing units by 2025, later adding that one-third of those units need to be affordable.
Roughly two years later, data shows mixed progress toward those goals.
Approximately 14,400 housing units delivered between January 2019 and December 2020, per data released recently on the Deputy Mayor for Planning and Economic Development (DMPED) dashboard. Of those units, 2,028 were affordable, not quite 17% of the goal set for affordable housing production.
story continues below
loading...story continues above
The city also released a report in 2019 specifying affordable housing production goals in each of the city's ten planning areas. The report considered “affordable housing” to be units that cost no more than 30 percent of household income for households earning up to 80 percent of median family income.
As seen in the table above, Rock Creek West is the only area that hasn't produced any affordable units in the past two years. Conversely, almost all of the units produced in the Far Northeast/Far Southeast planning area were affordable.
Overall, housing production in the Lower Anacostia Waterfront/Near Southwest planning area has far outpaced that seen anywhere else in the city, with more than double the number of units constructed there than in the Mid-City planning area (which includes a central swath of the city between Mount Pleasant, through Shaw above S Street, and covering Eckington).
While the data starts in January 2019, the mayor didn't codify the housing production goals until a May 2019 executive order. This also isn't the only time a DC mayor has set specific housing production targets in the past decade — in 2013, then-mayor and now-councilmember Vince Gray set a goal of 10,000 new units by 2020.
See other articles related to: affordable housing, affordable housing distribution, affordable housing production, dmped, housing production, housing production targets
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/dc-is-nearly-halfway-to-meeting-mayors-housing-production-goals/17804.
Most Popular... This Week • Last 30 Days • Ever
If the home ultimately sells for around that list price, it would set a record as the... read »
When purchasing a home, it's crucial to conduct a thorough inspection to determine th... read »
The federal government could be shut down by the end of today, and that shutdown coul... read »
The multi-faceted project will include restaurant, bar, fitness and event spaces.... read »
The 16,250 square-foot home along Foxhall Road NW owned by Fox News anchor Bret Baier... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro