Last week, Mayor Muriel Bowser delivered the FY 2024 Fair Shot Budget to the DC City Council. The mayor’s proposed budget focuses on responsible budgeting, growing the tax base and prioritizing DC’s infrastructure. As it relates to housing needs, the budget adds the following funding:

  • $31M to fund the Housing Production Trust Fund at $100M;
  • $139M for the New Communities Initiative at Barry Farm, Park Morton and Northwest One, including 735 new public housing replacement units;
  • $115M to rehabilitate and modernize public housing units managed by the DC Housing Authority;
  • $43M for Emergency Rental Assistance;
  • $146M for Permanent Supportive Housing and Local Rent Supplement Program; and
  • $6.9M to provide 24-hour low-barrier shelter operations.

The mayor’s budget notes what has worked in past years through the recovery plan highlights, which has funded affordable housing at $540M to produce and preserve more affordable housing in the city.