twentytwelve
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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home1/ceo4uor/public_html/sites/dc4reason/updates/wp-includes/functions.php on line 6121In this post, we will explore why DC’s “affordable” housing is not affordable for most working families and residents in DC.<\/p>\n\n\n\n
In DC, “affordability” presents us a math problem that most people just don’t have the time or care to figure out. We hear the word “affordable” and everything must be all good. It’s not.<\/p>\n\n\n\n
DC’s “affordability” is calculated using the Area Median Income (“AMI”) or the functional equivalent Median Family Income (“MFI”).<\/strong><\/a><\/p>\n\n\n\n The AMI is based on the incomes of working residents in the DMV region including the District of Columbia, Northern Virginia, and parts of Maryland. <\/p>\n\n\n\n In fact, the AMI includes incomes of some of the wealthiest people in the United States like residents in Fairfax County, VA and Montgomery County, MD. And more and more wealthy people are moving into the region and they are making more and more take home money every year.<\/p>\n\n\n\n Thus in 2023-2024, the AMI for our region is $152k\/yr for a family of four. For a household of one (a single person), the AMI is $106k\/yr.<\/strong><\/p>\n\n\n\n Source: Webpage, “2023-2024 Inclusionary Zoning Maximum Income, Rent and Purchase Price Schedule” at the DC Department of Housing and Community Development (DHCD) Wesbite, https:\/\/dhcd.dc.gov\/publication\/2023-2024-inclusionary-zoning-maximum-income-rent-and-purchase-price-schedule<\/a><\/p>\n<\/blockquote>\n\n\n\n Source: Testimony in Zoning Case 23-02, Exhibit No. 558, at page 4, by Save DC Public Land, citing to the DHCD affordability matrices from 2017 and 2022 contrasting annually decreasing affordability, https:\/\/app.dcoz.dc.gov\/CaseReport\/ViewExhibit.aspx?exhibitId=331135<\/a><\/p>\n<\/blockquote>\n\n\n\n Source: Report, “Inclusionary Zoning Annual Report for Fiscal Year 2022” published by the DC Department of Housing and Community Development (DHCD) and submitted to the DC Ctiy Council by DC Mayor Muriel Bowser on April 12, 2023, https:\/\/dhcd.dc.gov\/node\/1655696<\/a><\/p>\n<\/blockquote>\n\n\n\n Source: Report, “D.C. Racial Equity Profile for Economic Outcomes” published by the DC Council Office on Racial Equity and the DC Policy Center dated January 2021, https:\/\/www.dcracialequity.org\/dc-racial-equity-profile<\/a><\/p>\n<\/blockquote>\n\n\n\n In this post, we will explore why DC’s “affordable” housing is not affordable for most working families and residents in DC. In DC, “affordability” presents us a math problem that most people just don’t have the time or care to figure out. We hear the word “affordable” and everything must be all good. It’s not. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,16,35,18,17,2],"tags":[],"class_list":["post-731","post","type-post","status-publish","format-standard","hentry","category-all","category-data","category-displacement","category-housing","category-issues","category-updates"],"_links":{"self":[{"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/posts\/731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/comments?post=731"}],"version-history":[{"count":9,"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/posts\/731\/revisions"}],"predecessor-version":[{"id":749,"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/posts\/731\/revisions\/749"}],"wp:attachment":[{"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/media?parent=731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/categories?post=731"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.dc4reality.org\/updates\/wp-json\/wp\/v2\/tags?post=731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/figure>\n\n\n\n
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\n\n\n\nThere are three critical issues (among others) using DMV’s AMI to calculate DC’s “affordable” housing:<\/h1>\n\n\n\n
The AMI increases annually, thus DC’s overall affordability decreases each year.<\/em><\/h2>\n\n\n\n
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The city is producing housing that is unaffordable for most people and non-existent for families, yet calling it all affordable housing.<\/em><\/h2>\n\n\n\n
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<\/li>\n\n\n\n\n
The AMI doesn’t consider DC’s minimum wage or immense racial wealth gap.<\/em><\/h2>\n\n\n\n
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<\/li>\n\n\n\n\n
Conclusion: DC’S “AFFORDABILITY” POLICY IS BROKEN!<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"