Sharing the Benefits of Housing Affordability in the Washington, D.C. Region
Housing Affordability Matters… to People… to Neighborhoods…
To Our Economy!
CAN is a unique new regional communications campaign supported by a grant from the United Way of the National Capital Area and convened by BB&T Community Development Banking, as well as three regional housing organizations – the Coalition for Nonprofit Housing and Economic Development, the Housing Association of Nonprofit Developers and the Northern Virginia Affordable Housing Alliance.
The need for housing affordability in our region is great – and growing. The George Mason Center for Regional Analysis predicts that over the next two decades, 731,457 new housing units will be needed to house our workforce. Many of these new workers will have jobs that provide services essential to sustain our regional economy, but pay less than the area median income. So where will the region’s jobs go to sleep at night?
Our message? Our region thrives when there are housing opportunities for people of all incomes.
Why should I care about housing affordability for people of all income levels?
Employers have greater success recruiting and retaining employees when housing opportunities are affordable and located near employment centers. This allows people who work in our community to have the option to live in our community.
Developing all types and price points of housing within our communities facilitates shorter commutes and decreases traffic congestion. People, goods and services can move around and through the region more quickly and efficiently, and that benefits everyone!
Successful communities possess a diversity that supports housing affordable to people at all ages and all stages of life – from the young family or graduate just starting out, to the retired couple on a fixed income, and everyone in between.
Communities opened their doors to the public to illustrate the importance of housing affordability to the health and vitality of the local economy during the 2013 Parade of Homes event. The event featured affordable single-family homes, multifamily rental housing and homeownership communities in close proximity to local jobs centers.
These affordable communities benefit children, families and our region’s economy. Thank you to the United Way of the National Capital Area for sponsoring CAN’s 2013 Parade of Homes!