This bill would create a new tool for DC to expand its dedic

This bill would create a new tool for DC to expand its dedicated affordable housing stock

A bill, dubbed the Generating Affordability in Neighborhoods (GAIN) Act, would create a program through which landlords could apply for funding. In return, those landlords would establish affordability covenants for some of their units, setting them aside for households making less than 50% of the median family income (MFI), and keeping the rents low. The bill was introduced by DC At-Large Councilmember Robert White.

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