What we're advocating for:

This funding is essential to help our lowest-income households afford rent and to ensure HPTF-funded developments deliver rents at the statutory minimum. Project- and sponsor-based LRSP is used to produce new housing affordable to extremely-low-income households by providing operating subsidies as part of the development process.
The LRSP is a critical component of the District’s strategy to provide affordable housing solutions to its most vulnerable residents. The Coalition’s recommendations for LRSP is derived from the extremely low-income requirements that are associated with our recommendations for the HPTF allocation.