Featured Image
Samuel J. Simmons NCBA Estates. Photo/Mr.TinDC. CC BY-ND 2.0 (Source)
publications | Housing

TOPA Has Tanked D.C.’s Multifamily Sales Market | Bisnow

January 25, 2022
  • D.C. Policy Center

On January 25, 2022, D.C. Policy Center Executive Director Yesim Sayin Taylor was quoted by Bisnow:

Yesim Sayin Taylor, executive director of the D.C. Policy Center, said the city should consider how it wants TOPA to influence its affordable housing priorities. She said a shortened timeline or even waiver of the TOPA process for housing operators with a commitment to affordability should be on the table as the city moves out of the pandemic.

“If the ultimate goal of TOPA is to keep low-income residents in place, there should at least be a more relaxed way for an affordable housing developer to go about the process,” Taylor said.

Read more: TOPA Has Tanked D.C.’s Multifamily Sales Market | Bisnow

Author

D.C. Policy Center


Established in 2016, the D.C. Policy Center is a non-partisan research and policy organization committed to advancing policies for a strong and vibrant economy in the District of Columbia. Through rigorous research and collaboration, the D.C. Policy Center develops and tests policy ideas, disseminates its findings, and engages in constructive dialogue and debate.

For more information, please see our About page.

Related