Budget woes mean cuts to services in Va. and Md. [News, 1.12]


Budget Cuts Are Focus for Md., Va. (WaPo, 1/11) –  Major cuts are inevitable–the only question is how deep. “Virginia is starting to… trim $800 million from K-12 education and Medicaid…” In Maryland, “O’Malley…is considering scaling back a number of initiatives…, including a program that provides additional school funds for [Montgomery and Prince George’s] counties where the cost of education is more expensive.”

DC SCHOOL REFORM
Concludes Marc Fisher: “At Truesdell, in part because of the chancellor’s confrontational ways and in part in spite of them, it feels like a revolution is brewing.” But if you read the article, it all sounds pretty good… I’m not sure what he’s referring to with “in spite of them” part.

AFFORDABLE HOUSING
Learn about “shared-equity homeownership” – In exchange for a subsidy, “the homeowner must agree to share part of the appreciation with City First, which will use the funds to extend this subsidy to the next qualified buyer.” (WaPo, 1/10) City First Bank is an investment partner with WG’s Community Development Support Collaborative.

HIGHER ED
UDC offering to take over Southeastern U., source says (Examiner, 1/12)

TRANSIT
Metro “will need to make unprecedented cuts to train and bus service and to trim hundreds of jobs in the coming months — even as more people are using the transit system” (Examiner, 1/11)