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Novogradac Journal of Tax Credits recently featured District of Columbia Housing Authority Executive Director Tyrone Garrett in an article discussing building affordable housing in the district.

(read it here)

According to the article, land is expensive, which is difficult for private developers, but has proved helpful for DCHA.

“It’s given us so much more value,” said Garrett in the article. “We don’t want the bubble to burst. … We have to take advantage of it at this time. Our idea is to create more affordable housing. People believe in one-for-one (unit replacement), but if we can create more than that, we should. We have to build more units.”

(read more here)

Last modified: 4/25/2019 11:57:37 AM