Some 12,000 families take advantage of D.C.’s Housing Choice Voucher Program, a federally funded initiative to help low- to moderate-income families rent apartment units across the city. But recent updates to the program have the landlords who manage those units concerned, as they claim the system is already hampered by bureaucratic delays and a lack of support from housing officials.
"The voucher program has become something very, very hard to work with," Ruddy Management founder and managing principal Peter Ruddy said Thursday at Bisnow’s Small Residential Owner and Operator Summit. "Vouchers take up a large percentage of the housing market in D.C., and processing times are a large issue."This summer, the… Read the full story here. |