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78 YEARS HEARTBEAT COMMUNITY

GWULImpact2015

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HOUSING<br />

The District of Columbia of 2016 is a very different city from the one of 10 or<br />

20 years ago. The country continues to slowly climb out of a punishing and lingering<br />

recession that has dragged on for more than seven years and taken with it the fortunes<br />

of the middle class. The recession, coupled with the housing crash, has left certain<br />

individuals and families devastated even as some parts of society – such as Wall Street<br />

and big business – have rebounded.<br />

What is playing out in our city and surrounding jurisdictions is a scenario of brisk<br />

and widespread change. In DC, the shift is best illustrated by the influx of more than 1,100<br />

new residents a month at the height of the population boom and the displacement of more<br />

than 20 percent of this city’s longtime, primarily minority population. The complexion of<br />

neighborhoods has shifted, as long-time and middle-class residents, and others with more<br />

modest means, struggle to pay soaring rents. The cost of living continues to spiral upward and<br />

affordable housing, for the most part, is seemingly non-existant.<br />

Experts say that it’s a severe problem with almost 25 percent of residents in the region<br />

paying up to 50 percent of their incomes on rent. Meanwhile, the fair-market price for rent in<br />

this region has increased by 70 percent over the past 10 years. And the city continues to lose<br />

affordable housing units. As units are lost, rents have increased and wages and salaries have<br />

not kept pace.<br />

20%<br />

Recent changes in DC have created<br />

the displacement of more than 20<br />

percent of this city’s longtime, primarily<br />

minority population.<br />

What this illustrates is that our suite of housing programs<br />

including the Home Purchase Assistance Program is needed<br />

more now than ever and remains critical to our mission of<br />

economic empowerment.<br />

1940 - The League was founded without government funding,<br />

so it launched a campaign and raised $10,000. After joining the<br />

Washington, DC Council of Social Agencies in 1941, the League<br />

became entitled to receive $4,000 a year in government funds.<br />

7

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