The D.C. Fiscal Policy Institute, an organization dedicated to analyzing tax and budget data in the District, published a report in 2017 about the $300 million, which included “public land and cash subsidies through D.C.’s Tax Increment Financing (TIF) and […]
In 2017, the DC Fiscal Policy Institute…issued an analysis that said, “The District of Columbia’s economic development efforts — including the enormous Wharf project — too often support creation of low-wage jobs with minimal benefits, because they do […]
“…there is still a strong desire for living in cities themselves and not just near them, said Erica Williams, executive director of the DC Fiscal Policy Institute. But she said the District should diversify its efforts to draw people in.”
[…]
[…]
“We all want a thriving downtown. But the Mayor’s proposal is tailor-made for developers—and it comes at the expense of DC residents and the District’s commitment to equity,” the DC Fiscal Policy Institute said…
“…some left-leaning advocacy organizations like the DC Fiscal Policy Institute have noted that Bowser’s proposal lowers affordability requirements and offers developers who make conversions a 15-year exemption from the Tenant Opportunity to Purchase Act…”