Preventing “transit-induced gentrification” across the region
HOUSING | With the forthcoming Purple Line in suburban Maryland, and the new Silver Line in Northern Virginia, jurisdictions are trying to keep residents from being priced out of newly desirable locations by working to create affordable housing close to transit lines. (WaPo, 11/29)
The issue, which some experts call “transit-induced gentrification,” is gaining new attention in Montgomery and other once auto-centric suburbs building light-rail and rapid bus lines to revitalize older areas, attract younger workers, and help an increasing number of lower-income residents reach jobs. Focusing growth around transit stations has become the way many inner suburbs plan to thrive without adding to the sprawl that has left them drowning in traffic.
“Being able to have affordable, reliable and safe transit is critical for a lot of communities, particularly low-income communities because they need that option,” said David Bowers, of the nonprofit Enterprise Community Partners. “But we need policymakers and leaders to be much more intentional about preserving affordable housing along those corridors.”
Related: Housing affordability in the Greater Washington region is a major priority of WRAG. WRAG is a co-convener of the Greater Washington Housing Leaders Group, a collection of more than a dozen public and private sector regional leaders (including David Bowers and Michelle Krocker of the Northern Virginia Affordable Housing Alliance, both quoted in the story above) that is working to elevate the visibility of, and broaden support for bold, thoughtful, and collaborative solutions for the housing affordability challenge across the region.
Also related: And, on December 1, WRAG and Enterprise Community Loan Fund are hosting a webinar on the Our Region, Your Investment initiative, through which local residents, foundations, nonprofits, and banks are coming to the table to invest in affordable homes. Register here.
– The DC Council next week will vote on a revised parental leave bill that would give both parents 11 weeks of paid time off after a birth or adoption. If the bill passes, it would be among the most generous family leave policies in the country. (WAMU, 11/28)
ARTS | Impact investing has made its way to the field of arts and social change. (NY Times, 11/25)
NONPROFITS | The National Council of Nonprofits looks at the impact of the 2016 election on the work of nonprofit organizations.
– The Hitachi Foundation has announced plans to close in December 2016 with three final gifts.
DC folks: get out and about this weekend and check out the latest murals around the city.