D.C. lining up millions to build new affordable housing units, Bowser says

D.C. Mayor Muriel Bowser said Monday that local developers will play a critical role in her plan to create at least 10,000 affordable housing units over the next five years across all eight wards in the District. Bowser outlined plans to invest $100 million in the Housing Production Trust Fund — the fourth consecutive year she has done so — as part of her $14.5 billion fiscal 2019 budget proposal. Among its many uses, the fund provides "gap financing" to developers who seek to build affordable…

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