A bill, dubbed the Generating Affordability in Neighborhoods (GAIN) Act, would create a program through which landlords could apply for funding. In return, those landlords would establish affordability covenants for some of their units, setting them aside for households making less than 50% of the median family income (MFI), and keeping the rents low. The bill was introduced by DC At-Large Councilmember Robert White.
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During this time, we have become more aware than ever how vitally important a safe and affordable place to call home can be. Today, a home is not only where we rest our heads at night but it is also where children receive much of their education and many adults either work or take refuge from the danger created by this rampant virus.
Arlington expects to receive $46M in federal assistance through the American Rescue Plan. Using these funds, the County Board should make the following changes to the FY22 budget:
Increase Investment in AHIF and Realign Income Levels Served
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