On April 1, 2020, the D.C. Policy Center’s report, Appraising the District’s rentals, was featured by Urban Turf:
A new report by the DC Policy Center suggests there may only be one way to reach DC’s affordable housing production targets.
Released Wednesday, the extensive report takes stock of the city’s rental housing, putting forth the concept of “Inclusionary Conversions” (IC) as an efficient option to subsidize the creation of rental apartments affordable to households earning up to 50 or 80 percent of area median income (AMI). Inclusionary conversions would result in a certain share of units in rent-controlled buildings being converted into units subsidized for a period of 15 or 40 years. If 10% of the units in the city’s rent-controlled buildings were converted, this would create up to 5,300 newly-affordable apartments.
Read more: Should DC Use Inclusionary Conversions to Meet Affordable Housing Goals? | Urban Turf
Related: Appraising the District’s rentals | D.C. Policy Center