by Bisnow

On Monday, September 30th, Mayor Muriel Bowser and Chairman Phil Mendelson provided a situational update on the affordable housing crisis the District is facing. Bowser stated that 20% of units on average have a rent delinquency among D.C.’s affordable housing properties and urged that this could lead to D.C. losing many of its covenanted affordable …

via Shelterforce

In D.C., TOPA helps level the playing field for tenants and community purchasers. The challenges they face are the consequences of policies that have enabled the rise of housing as an asset class for wealthy investors while simultaneously underinvesting in housing production and preservation over the past 50 years, particularly for low-income people and communities …

In a wide-ranging interview with Denver Fredericks, host of the Business of Giving podcast, LISC CEO Michael T. Pugh describes the pillars of LISC's work investing in communities and what's on the horizon for the CDFI under his leadership. "[We] can be a real catalyst for economic development in communities," says Pugh. "And frankly the …