By Nina Holzer
On February 5th, 2013, Mayor Vincent Gray spoke to District residents about the city’s achievements and growth in recent years, and outlined his vision for the future, noting a $100 million pledge to affordable housing. The pledge, as outlined in the Mayor’s 5-Year Economic Development Plan, includes ambitious goals such as creating 100,000 jobs and $1 billion of new tax revenue for the District. According to the Mayor, the plan will not only create new jobs for D.C. residents but will revitalize development projects that had stalled prior to his administration.
“We currently are experiencing a level of development that is unprecedented in our history. You can tell simply by counting the 55 construction cranes that currently dot our skyline—from Congress Heights to Petworth, and from Brookland to Glover Park,” said Mayor Gray. “For instance, within just a few blocks of where we are gathered now, two major, long-awaited development projects are moving along rapidy—CityCenterDC…and the CityMarket at O Project. These projects are providing thousands of construction and permanent jobs, new housing that includes affordable units, and new neighborhood amenities.”
The Mayor went on to announce a $100 million affordable housing initiative, a commitment that has grown from the $35 million he pledged to create and preserve additional affordable housing last September. His new plan calls for building and preserving more than 10,000 units of affordable housing.
“We once worried about the District becoming a city of ‘haves’ and ‘have-nots.’ But now we are increasingly in danger of becoming a city of only ‘haves’,” said Mayor Gray. “A truly prosperous and successful city does not forget its most vulnerable residents, like people who are homeless and those with disabilities. This investment means we must preserve and expand affordable housing.”
The Mayor also recognized District Nonprofits for their critical role in providing social services and combating issues, such as homelessness, in the capital.
“Another area where I think we need to invest is in the critical role our city’s nonprofits play in improving the quality of life for our residents,” said Mayor Gray. “Our city’s vibrant nonprofit community makes a difference in the lives of tens of thousands of our residents every day.”