Market downturn allows for lower cost housing opportunities
DC1974 writes:
Now that all the yuppie condo owners have dried up -- suddenly all the developers are working with the cultural development corporation to get artists into their buildings! i guess that's a good thing. they could try to turn them into overpriced rentals....
In response to an email (edited) from Cultural Development Corporation:
Artist Housing Scoop
Thanks for expressing interest in CuDC's upcoming artist housing opportunities. To keep you in the loop, this monthly update provides project status reports, lists any "to do" items and shares other opportunities. Please feel free to contact us if you have questions. Find eligibility requirements, projects under development and completed projects on our website.
Check out the article from the Washington Post on the Douglas Street Work/Live Condominiums.
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It's all about stoking demand, and paying off construction loans...
Labels: arts-based revitalization, housing
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