– Last week the Alexandria City Council moved to end a funding guarantee for affordable housing in the city, causing concern among Northern Virginia housing advocates. The guarantee put a certain percentage of property tax revenue toward affordable housing by creating a set-aside that could be used for development: (WaPo, 5/17):
“It’s important as a developer to know there’s a commitment of funds in any form the city can make,” said John Welsh, vice president of multifamily housing for the nonprofit affordable-housing developer AHC. “The expectation the money is going to be there is important to us [because] the local investment of dollars leverage so much capital” from other sources.
– More D.C. Workers Choosing To Live Within City Limits (WAMU, 5/16)
– Event: Don’t miss the Communications Action Network’s 2013 Parade of Homes tomorrow! This is a great opportunity to see the variety and quality of affordable housing options around the region, and to learn first hand how a robust affordable housing supply benefits the region. [More information]
– Microsoft is donating $1 million to a CityBridge Foundation led-program called the Education Innovation Fellowship, which helps D.C. teachers incorporate blended learning techniques – that is, a mix of online and face-to-face teaching – into their classrooms. (WaPo, 5/17)
– Language immersion high school nears approval (Examiner, 5/17)
ECONOMIC SECURITY | A new Pew report paints a pretty grim economic picture for future retirees, thanks to the recession, loss of home values, high levels of debt, and the greater prevalence of 401(k)-type retirement plans, rather than traditional, employer-paid pensions. (WaPo, 5/17)
COMMUNITY | Check out a series of profiles of this year’s winners of the Community Foundation for Prince George’s County Civic Leadership Awards. (CFNCR, 5/15)
BUDGETS | Gov. Martin O’Malley announces $1.2 billion in transportation projects (Examiner, 5/17)
NONPROFITS | Opinion: IRS Should Allow Social-Welfare Groups Unlimited Advocacy (Chronicle, 5/16)
Today would be a great day to be repairing the top of the Washington Monument (fair warning: don’t watch this if you’re scared of heights!). It’s also a great day to listen to some Vampire Weekend. Enjoy!