Kate Coventry, senior policy analyst at D.C. Fiscal Policy Institute, is hoping to see the council provide additional funding to serve families experiencing or at risk of homelessness.
The fiscal year (FY) 2022 budget’s historic investment of $250 million into the Housing Production Trust Fund (HPTF) could, if well-targeted and -monitored, help the District make great strides in alleviating its affordable housing crisis. It is essential […]
DCFPI, a progressive think tank that has advocated for stricter oversight of the trust fund, says DC’s recent investments into affordable housing could help the housing department finally overcome historical challenges it has faced.
The Mayor’s proposed $400 million for the Housing Production Trust Fund (HPTF) in fiscal years 2021 and 2022 is historic and, if targeted as statutorily required, would go a long way in helping the District alleviate its affordable housing crisis.
Eighty percent of DC voters support raising taxes on incomes above $250,000 a year to support the District’s long-term economic recovery, a new poll from the DC Fiscal Policy Institute and DC Action shows.
DCFPI staff have delivered testimony at eleven budget hearings since the Mayor proposed her budget on May 27th. In these testimonies, we reminded lawmakers of the unprecedented opportunity to leverage American Rescue Plan dollars and raise local revenue for […]
“We’re really excited,” policy analyst Eliana Golding said, referring to the proposal to add a record-breaking $400 million over two years to the Housing Production Trust Fund.
The budget can provide relief for the thousands of residents facing eviction and experiencing homelessness, students who have fallen behind, workers left out of relief measures, residents struggling with food insecurity, and child care facilities at risk of […]
In 2019, the D.C. Fiscal Policy Institute implored the mayor to double the annual $100 million in housing funds, saying the trust has become less valuable each year as construction costs have gone up.
DCFPI is concerned that the affordability level set in the law and enforced through the regulations is not sufficiently affordable to justify the use of District dollars.
