District agency has $41M for new housing project grants
D.C.'s hot residential market has pumped a lot of money into the city's affordable-housing fund. The Department of Housing and Community Development is accepting applications for a piece of a $41 million pot that can be used by private and nonprofit developers of affordable housing.
The grant pool -- the richest the city has ever distributed -- includes $30 million from the Housing Production Trust Fund, which is backed by real estate transfer taxes.
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The grant pool -- the richest the city has ever distributed -- includes $30 million from the Housing Production Trust Fund, which is backed by real estate transfer taxes.
Full Story
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