DC's Affordable Housing Crisis
An opinion piece in yesterday’s Washington Post highlights the affordable-housing crisis in the DC area, reminding us how important it is for the Church to provide sufficient material support to those who live a life of service in the nonprofit sector.
In the Washington region – the 10th-most expensive metropolitan area in the country, according to the [National Low Income Housing Coalition] – the affordable-housing problem has reached crisis levels.
[For example, in] Arlington County, the amount of affordable housing declined by more than 50 percent from 2000 and 2005, with nearly 9,900 rental units becoming unattainable for households with incomes at or below 60 percent of the area’s median income. Furthermore, since November 2004, owners of more than 2,200 rental units in Arlington have begun converting them to high-end condominiums and townhouses.