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Despite a pandemic, supply chain crisis and run-up in interest rates, D.C. has accomplished the housing production goal Mayor Muriel Bowser set at the start of her second term, her administration announced Monday.
The District has added more than 36,000 new housing units since 2019, hitting the number before its target year of 2025, Bowser said in a press conference at D.C.’s new Department of Housing and Community Development headquarters in Ward 8.
The majority of those new units are luxury rentals and condos. D.C. hasn’t yet hit its subgoal of creating 12,000 affordable units, but it is 82% of the way there and on track to reach the target by the end of next year, city officials project.
“When we came together in 2019 I told you that we can’t undo the previous 15 years, but we can double down on what we’re doing now,” Bowser said at the event.
A key motivating factor behind creating the housing goal five years ago was a burgeoning housing crisis, leading the District to be dubbed at the time as the city with the highest “intensity” gentrification and displacement in the country.
