In the last ten years, The DC Fiscal Policy Institute documented that District of Columbia has lost over half of its low-cost rental units.
· From 2000 to 2010, the average unsubsidized rent in DC skyrocketed from $735 to $1100.
· The typical low-income resident spends more than 63 percent of their income on housing.
· Over 30 percent of all moderate income residents, those who earn between $30,000 and $50,000, spend more than half of their income on rent.
· Over 25,000 DC residents are on the Section 8 waiting list.
The rent in DC is too damn high! The DC city government has a chance to do something about it. We are calling on them to act now.
We are students, recent college graduates, single parents with children, senior citizens on a fixed income, workers on low wages, we are struggling to make ends meet. And the number one cause of our financial strain is the LACK OF TRULY AFFORDABLE HOUSING.
We just learned that parcel 42 (located at 7th and r st nw) was originally supposed to be developed to house people like us, people who earn less than $50,000 a year. Now that promise is in jeopardy because our public officials don't believe it's important to investpublic dollars in our health and financial stability.
We believe Parcel 42 needs to mitigate, not aggravate, the housing crisis affecting our neighborhoods and our city. We demand that DC government & the Gray Administration commit to the values of One City: a city that is economically inclusive, diverse, and equitable by building truly affordable housing on Parcel 42.