The Washington D.C. 2020 - 2025 Housing Initiative : reviewing the incentives and barriers to real estate developers' creation of affordable housing

The government of the District of Columbia in 2019, unveiled a 2020 - 2050 Housing Production Goal popularly tagged "#36000by2025". The Initiative details Washington DC's goal to develop 36,000 new housing units in partnership with developers in the city, including 12,000 affordable housing units between the years 2020 and 2025. The Initiative seeks to reduce homelessness, alleviate the constrained local housing market, and preempt an anticipated housing shortage in relation to the forecasted economic and population growth in Washington DC. This thesis focuses on identifying and analyzing the types of incentives or barriers for developers to add additional affordable housing. This thesis first explores the details of this Initiative, reviewing its history and the factors that led to its creation. The thesis will also review its specific goals and proposed methods towards achieving them.

Name thesis:degree_name

Master

Department dc:contributor.department

Massachusetts Institute of Technology. Center for Real Estate

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2020

Author dc:creator

• Agbalajobi, 'Kayode.

Advisor dc:contributor.advisor

• .

• Center for Real Estate. Program in Real Estate Development.

Statement dc:rights

• MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/129105

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/129105