How the District’s FY25 Budget Could Impact Affordable Housing

May 21, 2024

How the District’s FY25 Budget Could Impact Affordable Housing

By Patrick McAnaney, Development Director, DC, Somerset Development Company

This is the fifth in a series of posts about how affordable housing works, by an affordable housing developer. This post walks through what DC’s proposed budget for FY2025 could mean for building affordable housing, and highlights a few opportunities amid constrained circumstances.