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October 5, 2015 / Ciara Myers, Editor

Many millennials experiencing burdensome rental costs

HOUSING
A new report from the National Housing Conference and Center for Housing Policy finds that for many millennials in the region (and especially D.C.), rental prices have become far too burdensome (WCP, 10/2):

The report, based in part on U.S. Department of Housing and Urban Development data, illustrates that the income needed to affordably rent a one- or two-bedroom apartment in the D.C. area is $49,200 and $58,320, respectively. The median wages for other jobs popular among millennials, including eCommerce customer service representative ($37,986), administrative assistant ($48,927), cashier ($22,332), and cardiac technician ($44,258), don’t make the cut for either type of apartment. Meanwhile, none of these occupations bring in the income needed to affordably own a home in the metro area: $94,023, a statistic derived from the 2015 median home price of $345,000, which is based on National Association of Home Builders data. This is despite the fact that the jobs singled out in the report each pay a few thousand dollars more annually in the D.C. area than they do on average across the United States.

– For the first time in seven years, Prince George’s County has reopened the application process for its voucher program. Some, however, are concerned that the online-only application will be a barrier to more vulnerable populations who may have limited Internet access or disabilities. (WaPo, 10/4)

PHILANTHROPY | Sari Raskin, associate director of community investment at the Community Foundation for Northern Virginia, recently got a sneak preview of WRAG’s new interactive grants data mapping tool. After spending some time digging into the map data, she came away with a new vision for how valuable this tool will be for helping the foundation invest more strategically in the communities it serves – especially if more funders participate. She wrote a guest blog post about why she hopes her colleagues will follow the Community Foundation for Northern Virginia’s lead and “get on the map.” (Daily, 10/5)

YOUTH/DISTRICT | Opinion: Examining the prevalence of crimes committed in D.C. by youth under the age of 18, a columnist questions whether enough is being done in the city to curb criminal behavior by juveniles. (WaPo, 10/2)

ECONOMY/MARYLAND | A New Era For Prince George’s County (Bisnow, 9/30)

ARTS | The University of Maryland has announced a new partnership with the Phillips Collection that will expand the reach of the university’s art and educational programs into D.C. (WaPo, 10/5)

EDUCATION | America Needs to Let Go of Its Reverence for the Bachelor’s Degree (Atlantic, 10/5)


Reston is really excited about October 21, 2015.

– Ciara

 

 

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