Well, this time it is a little more diverse than you are thinking.
After a few hours of scrolling through our Facebook gallery, I have to be honest and say that in the end it is all down to you. I’m sure the quality of your photos may determine the winner here, so make up your mind. Let’s get some pictures of us!
Hang on for a minute…we’re trying to find some more stories you might like. Close
Email This Story Send email to this address Enter Your Name Add a comment here Verification Send Email Cancel
If you want to buy a house in the District, you have to put up the cash, and if you need a loan, it is important to get a loan from an institution that the D.C. Council approved last month.
D.C. officials approved a mortgage program for developers, the first major step in the District government’s push to revitalize the city-dwelling, single-family housing market which has been blighted for decades.
Developers would be given preference in obtaining a mortgage if their projects include homes that would likely be the first of their kind in the city.
The City Council last month gave an initial thumbs-up to the project, and the council is expected to approve the mortgage program. Developers interested to start building in the program must already have a contract for a bank loan.
At least five residential developers have expressed interest in obtaining mortgages after a meeting with Council members at City Hall over the past two weeks.
According to the D.C. Department of Finance, there are currently more than 2,619 single-family construction projects on the books in the city. One-third of D.C. housing units are built on single family land.
Under the new program, developers would be given access to the following:
The right to obtain a loan from the D.C. Department of Finance if their projects include the following:
A building in a community center or community center project area with three or more homes.
A building in an underserved neighborhood. That would include commercial or office projects as well as community benefits.
A public park.
A project or improvements in which there are no residential units. That would include buildings of the type in the first category.
A building in a neighborhood that is at least four units below the median income. That would include housing projects that are three or more units below