We are here to make public housing better. We take ALL allegations very seriously, and I have acted on every single issue brought to my attention. We have taken all actions recommended by the internal auditor and referred these incidents to the DC Office of the Inspector General. Our internal reports which Councilmember White released today should be a warning to anyone thinking of trying to defraud District taxpayers. We have a zero-tolerance policy for fraud, waste and abuse.
Today, with great enthusiasm, the DC Housing Authority (DCHA) Stabilization and Reform (STAR) Board unanimously approved resolutions to accept an additional $27 million from the Office of the Deputy Mayor for Planning and Economic Development (DMPED) to provide infrastructure funding to support the redevelopment of a 139-unit mixed-use multifamily building at Barry Farm.
The District of Columbia Housing Enterprise (DCHE), a Community Development Entity, was awarded $55M of New Markets Tax Credit (NMTC) Allocation on October 28, 2022 by U.S. Treasury’s Community Development Financial Institution Fund to deploy capital into economically distressed communities and businesses.
In addition to providing affordable housing, DCHA's mission includes providing opportunities for residents to improve their lives. So how do we do it? By partnering with outstanding companies like Cisco Networking Academy. In this partnership we offer residents the opportunity to develop technology skills in cybersecurity in a self-paced course available online for the next year.
Ares Management Corporation (NYSE: ARES) (“Ares”) and MRP Realty, as part of a joint venture between Ares Management Real Estate funds, MRP Realty, CSG Urban Partners and Taylor Adams Associates, announced today the land closing and Phase 1 construction financing of a new mixed-income residential development on the site of the current home of the District of Columbia Housing Authority (DCHA).
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