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Metro and DHCD Cooperating for Potential Affordable Housing
The District of Columbia is reportedly in talks with Metro to purchase a vacant parcel across the street from the Anacostia Metro station. The District plans to accept development proposals for new affordable housing on the site. This plan, assuming it goes through, would be a win for housing affordability and transit-oriented development.
There has been a renewed focused lately on considering not only the cost of housing but also related costs for residents such as transportation. Transit-oriented development of affordable housing can help by driving down the total cost to residents of housing plus daily transportation. Beyond cost, residents can enjoy the convenience of a nearby Metro line as compared with locations that may have more limited transportation options. It's great to see local agencies cooperating to find affordable housing opportunities in transit-oriented development.
The related Washington Business Journal story is available here.


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