DC is currently 5 years into a 15-year affordable housing plan, developed by the Comprehensive Housing Strategy Task Force. At the 1/3 mark, and given the profound economic changes during those 5 years, the Brookings Institute has examined how the plan has unfolded and what progress had been made:

The Task Force, created in 2003, conducted its research and outreach in 2004 and 2005. Amid a booming housing market, its concerns centered on preserving affordable housing for low-income residents, channeling market forces to create affordable and workforce housing in addition to high-end housing, supporting the development of mixed-income neighborhoods, and reducing the concentration of poverty. Based on the city?s strong housing market and healthy revenue picture at the time, the report recommended doubling annual expenditures on housing, drawing in large part on revenue generated by sales of residential and commercial property. Continue reading →