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WASHINGTON—The race for two D.C. City Council at-large seats continues to heat up ahead of Election Day as aspirants vie to make an impression in a crowded seven-candidate race. The local Democratic Party already nominated incumbent Anita Bonds, propelling her towards a likely win of one seat.
The Tenant Opportunity Act would give renters the chance to buy their buildings. Critics say the process will stifle construction of new housing.
Skyrocketing housing prices and rents have advocates looking to separate housing from investing.
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Also, NYC could offer nonprofits first bid for public land.
WASHINGTON, DC - The District of Columbia Housing Finance Agency (DCHFA) closed out the month of June by financing the construction of Shepherd Park Apartments. DCHFA issued $16.3 million in tax exempt bonds and underwrote $1.8 million in Low Income Housing Tax Credits for the construction of 66 new affordable apartments at 7428 Georgia Avenue NW in Ward 4. “Every deal that the Agency closes creates more affordable housing for District residents and brings us closer to meeting Mayor...