CSG is glad to see this study is finally proceeding and its consideration of additional promising strategies. Here we offer our recommendations on strategies for TPB and its consultant to consider.
Category: Testimony & Letters
Testimony: Low Income Housing Tax Credits – bond cap crisis must be addressed
We should all be alarmed that little to no new rental housing projects are being financed as of August 2023 – for an indefinite period. In August, DHCD (not HFA) announced that the District hit the federal ceiling on private-activity bond issuance, known as the “bond cap” which effectively limits the allocation of 4% Low Income Tax Credits (LIHTC). This shocking announcement brought numerous shovel-ready affordable housing projects to a sudden, abrupt halt.
Testimony: WMATA Board re FY25 Budget (VA)
We urge our elected leaders to do more to reduce and even close the entire gap. We all know that failure to close the entire gap will still mean some service cuts, fare hikes, impact on the workforce, and delays in the capital program. It is disappointing that a state statute has imposed a 50/50 requirement for splitting Virginia’s share of WMATA funding, and that the state is only being asked this year to provide $65 million.
Testimony: FY2025 Capital Budget for Department of Housing and Community Development (MD, Support)
We wish to express our strong support for the proposed capital budget that will make critical investments in rental housing programs and community revitalization. The FY25 capital budget proposes $110 million in rental housing support, doubling what was provided in the last budget. This would create thousands of desperately needed quality homes for low- and moderate-income families. This investment provides essential funding to the successful Rental Housing Works (RHW) program.
Testimony: WMATA Board re FY25 Budget (MD)
We thank WMATA for its hard work to identify cost savings and efficiencies to reduce the $750 million operating budget gap. We also thank the jurisdictions for proposing $480 million in additional operating funding for FY25. This includes the $150 million promised by Governor Moore and key state legislators.
But we urge our elected leaders to do more to reduce and even close the entire gap. We all know that failure to close the entire gap will still mean some service cuts, fare hikes, impact on the workforce, and delays in the capital program.
Testimony: Electric Bicycle Rebate & Voucher Program (MD, Support)
E-bike rebate programs have been popular and successful across the US – Most daily trips that Marylanders make are within bikeable distances. Electric-assist bicycles, or e-bikes, can extend the reach of bikes to more people, more destinations, and more trips that are often done by car. Denver, Colorado’s nationally recognized e-bike rebate program in less than a year after it began, helped residents replace over 100,000 miles of car trips per week. The State of Colorado last year launched a popular statewide program.
Comments on draft Priority Climate Action Plan (CPRG PCAP)
Please consider these comments on DEQ’s draft Priority Climate Action Plan and recommendations for the agency’s follow-on Comprehensive Climate Action Plan.
Testimony: FY2025 Capital Budget for Department of Housing and Community Development (MD, Support)
We wish to express our strong support for the proposed capital budget that will make critical investments in rental housing programs and community revitalization. The FY25 capital budget proposes $110 million in rental housing support, doubling what was provided in the last budget. This would create thousands of desperately needed quality homes for low- and moderate-income families. This investment provides essential funding to the successful Rental Housing Works (RHW) program.
Testimony: Performance Oversight for the Department of Housing and Community Development and Housing Production Trust Fund (DC)
We wish to express our strong support for the HPTF, and urge the Council to remain committed to this essential tool for addressing our acute housing affordability challenges. Without it, we would be so much farther behind, leaving thousands of families without the homes they now enjoy. DC’s strong commitment to preserving and producing affordable housing is one of the leading efforts in the country. While our housing affordability challenges are severe, the HPTF provides irreplaceable capacity to address our needs.
Testimony: NHP Elm Gardens Redevelopment (DC, Support)
We wish to express our strong support for Case No. 23-19. We are pleased to support this Planned Unit Development (PUD) to facilitate a tenant and non-profit-led redevelopment of an aging 36-unit rental apartment building into a new, 4-story 100% affordable, accessible 80-unit building. These units would include 36 replacement units and 44 new homes. The 44 new units would serve households earning 50% MFI or less. Eight units in the building would be reserved as permanent supportive housing to formerly unhoused people.