Rising housing costs are placing a major burden on working families. The Washington Housing Conservancy is on the front lines in the community, combating displacement and interfacing with residents to help them realize their goals for their neighborhoods by promoting resident connectedness in its properties.
The Washington region is losing affordable workforce housing as its population grows. This has led to consistent growth in the housing shortfall year over year.
The median rent in DC is rising much faster than median income, resulting in an unsustainable cost burden to DC’s working residents.
“The surge in high-income households puts upward pressure on house prices and rents, making it more challenging for both low- and middle-income households to find housing they can afford.” - Urban Institute
The Washington Housing Conservancy will acquire and develop affordable workforce housing in the Washington region and coordinate services for residents and communities. The Conservancy is part of the Washington Housing Initiative, a triple bottom line impact initiative that will have sufficient scale to preserve or build 3,000 units of affordable workforce housing across our region and serve as a model for systemic change.
The Urban Institute released a research brief on the Washington Housing Initiative and the importance of preserving housing affordability in the aftermath of COVID-19.
The Urban Institute released a research brief on the Washington Housing Initiative and the importance of preserving housing affordability in the aftermath of COVID-19.
Lawmakers agreed back in April to issue $28 million in bonds to back the acquisition as part of the District’s industrial revenue bond program, designed to help nonprofits finance large projects.
Lawmakers agreed back in April to issue $28 million in bonds to back the acquisition as part of the District’s industrial revenue bond program, designed to help nonprofits finance large projects.
“What gets me going is to be constantly learning and growing – going where the same playbook doesn’t apply,’’ is one of the reasons why Kimberly Driggins (MPP '95) joined the Washington Housing Conservancy as its first Executive Director. In a conversation with the Harris School, Driggins discussed her passions for placemaking and vibrant communities, as well as her network of experts in this new role.
“What gets me going is to be constantly learning and growing – going where the same playbook doesn’t apply,’’ is one of the reasons why Kimberly Driggins (MPP '95) joined the Washington Housing Conservancy as its first Executive Director. In a conversation with the Harris School, Driggins discussed her passions for placemaking and vibrant communities, as well as her network of experts in this new role.
Executive Director Kimberly Driggins sat down with the Washington Business Journal to discuss her first few months leading the Washington Housing Conservancy and her return to the District of Columbia.
Executive Director Kimberly Driggins sat down with the Washington Business Journal to discuss her first few months leading the Washington Housing Conservancy and her return to the District of Columbia.