Adopt Policy and Process Framework
The District should adopt public policies and processes essential to providing affordable housing in the District of Columbia that will:
Develop and sustain a Continuum of Affordable Housing
Create and maintain Neighborhoods of Opportunity
Engage a Network of Public and Private Resource Partners
Increase Local Funding
The District should raise the priority level of affordable housing in its locally funded budget by dedicating $255 million, or $4.26 per $100, to that purpose as recommended by the Comprehensive Housing Strategy Task Force versus the $80 million, or $1.33 per $100, it currently spends.
Strengthen Locally Funded Continuum of Housing Program Tools
The District should use this increased local funding to strengthen five major affordable housing program tools: Housing Production Trust Fund, Home Purchase Assistance Program, First Right Purchase Assistance Program, Local Rent Supplement Program and Housing First Fund. This paper proposes a five-year action plan for each of the program tools to reach the $255 million level of total funding recommended by the Comprehensive Housing Strategy Task Force.
Improve Practices and Process
The District should facilitate the efficient and effective use of limited public resources by improving the delivery system for affordable housing. It should:
Implement the Comprehensive Housing Strategy Task Force recommendations
Improve practices for financing affordable housing
Increase transparency