- ANNUAL MEETING
Join Mayor Muriel Bowser, District Government officials, stakeholders, and the community to show your support for affordable and workforce housing investments and preview the site of future workforce housing in the Marshall Heights neighborhood of Ward 7 in DC.
At the start of her second term, Mayor Bowser set a bold goal to deliver an additional 36,000 units of housing—including at least 12,000 units of affordable housing—by 2025. In addition, the Mayor has called on the entire region to work together to produce 240,000 additional housing units. In March, she introduced her Fiscal Year 2020 budget, which includes new housing investments under the DC Department of Housing and Community Development: a 30-percent increase in the Housing Production Trust Fund, bringing her annual investment to $130 million; an increase in the Housing Preservation Fund from $10 million to $15 million, which will yield an additional $45 million in private investment; and a new $20 million Workforce Housing Fund that will leverage private sector investment by 9 to 1, bringing the fund up to $200 million.
This event will take place on the site of Phase 3 of Cynthia Townhomes, which is part of the Housing Investment Platform of the DC Housing Finance Agency. All three phases total 15 townhomes, with five homes in each phase. Phase One is sold out, and three homes are reserved via pre-sale in Phases Two and Three. The homes are for households making no more than $140,600 (120% of the median family income in 2018).
You can register online here.
On Sunday, May 5th, A Wider Circle invites you to walk, run, bike, or ride to its Center for Community Service in Silver Spring, arriving anytime from 12:00pm – 4:00pm to engage in an afternoon of community-building activities.
The center is located at 9159 Brookville Road, Silver Spring, MD 20910 and, upon arrival, you will have the option to choose from a variety of family-friendly volunteer service projects! Click here to register.
Can’t make it on May 5? No problem! A Wider Circle invites schools, congregations and businesses to host community walks on their property from May 5th – May 11th.Email email@example.com if you would like to have a speaker from A Wider Circle at your community walk.
Walk sponsorships are available and include numerous opportunities with full branding and exposure as a community partner. Click here for details on sponsor levels and benefits.
People & Places 2019 is taking place April 15-17 in Arlington, Virginia! Eighteen national nonprofits have joined forces to present People & Places 2019, a national community development conference. Join placemakers from different places, races, and national networks to share local solutions to displacement, disinvestment, and racial inequity. The luncheon features a discussion on “People’s Right to Their Places: Community Accountability in an Age of Displacement” with community developers and organizers from Seattle, New York City, Los Angeles, and Washington, DC. Register by April 9 using these HAND discount codes: HANDpeople takes $100 off the 3-day rate. HAND1day takes $50 the 1-day rate.
The recently launched Capital Region Housing Challenge, was featured in a recent Bisnow article. Titled, “D.C.-Area Business Leaders Launch $1B Affordable Housing Challenge,” the story details the regional effort to catalyze $1 billion to accelerate greater housing affordability in the Capital Region. An excerpt from the piece reads:
The Housing Leaders Group of Greater Washington launched the Capital Region Housing Challenge, an effort to spur the D.C. region’s public and private sectors to each add $500M in affordable housing investments above their current baseline by the end of 2020.
Housing Leaders Group co-convenor David Bowers, also the market leader for Enterprise Community Partners, announced the challenge at Bisnow’s Metro D.C. Affordable Housing Summit Wednesday morning in a rousing call to action.
‘The challenge is the call to work collectively, across sectors and geographic boundaries, to fundamentally move the baseline of thinking and investment and connect capital to solutions,” Bowers said. “Those of you that are already investing, we’re challenging you to do more.’
Bowers emphasized that the challenge does not represent a new fund. Rather it is a campaign to spur additional investment in affordable housing from a wide range of sources by setting an ambitious goal and tracking its progress over the next 21 months.
HAND is a member of the Housing Leaders Group of Greater Washington, and you can learn more about the partnership here.
As a proud member of the Housing Leaders Group of Greater Washington (HLG), HAND is excited to share its new initiative: the CAPITAL REGION HOUSING CHALLENGE! Officially launched at the D.C. Metro Affordable Housing Summit, the challenge is a cross-sector, capital solutions platform created to catalyze $1 billion dollars of NEW capital commitments that will accelerate greater housing affordability in the Capital Region. As a key stakeholder, we wanted to make sure you heard the news, and most importantly, know how you can get involved!
WHAT IS THE CAPITAL REGION HOUSING CHALLENGE?
Effectively addressing housing affordability requires a collective effort across multiple sectors and jurisdictions in the Capital Region. The Challenge is a multi-faceted effort to secure $1 billion toward housing affordability in the region by 2020 ($500 million in new private capital and $500 million in new public funds above current commitments).
The Challenge is not creating a new fund, rather it’s a platform to catalyze support and a regional commitment to scale the investment of public and private resources to meet the region’s housing production needs.
READY TO TAKE THE CHALLENGE?
Commitments from private investors, employers, anchor institutions, the philanthropic sector, as well as local and state governments are encouraged. Thank you to these organizations that have accepted the challenge!
In addition to catalyzing capital to support regional housing affordability, HLG will also be actively engaged in advocacy campaigns that align with the goals of the Challenge. In particular, state and local Trust Funds can leverage significant additional private investment to ensure housing affordability production, preservation, and additional housing support for individuals and families across the income spectrum. HLG will promote working with government officials, housing practitioners, and advocates to create or expand local housing trust funds in every jurisdiction in our region.
Check out this fact sheet for more information on the Challenge and how your organization can get involved.
You can read the full press release on the Challenge’s launch here.