The District is one of four finalists for an Urban Land Institute award recognizing public-sector innovation in affordable housing.
D.C. is in the running along with Boston, Denver and New York City for the institute’s 2017 Larson Housing Policy Leadership Award, with the winner to be announced in September.
In a news release, the Urban Land Institute recognizes the District for its Housing Production Trust Fund, which provides up to $100 million annually for affordable housing development, along with its programs to encourage homeownership and its streamlining of vacant property dispositions. In addition, the institute points to the city’s work with its Housing Preservation Strike Force to maintain affordable units that already exist.
The think tank will name the winning city in September.