Envision Adams Morgan - Draft Housing Baseline Study (for comment)

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  • 7/27/2019 Envision Adams Morgan - Draft Housing Baseline Study (for comment)

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    TheStateOfHousingInAdamsMorganToday

    OVERVIEWThishousingsectionoftheEnvisionAdamsMorganWorkingGroupattemptstoprovide

    abroadoverviewofthestatusofhousinginourpresentcommunityandsomeofthe

    variableswhichdirectlyimpacthousingtodayandintothefuture.

    ADAMSMORGANTODAY

    AdamsMorganismovingtowardshalfofitsresidentbeinghomeownersduetoseveral

    factors.Nearly60%ofourresidentsarestillrentersandthecommunityofferssome

    choiceinthetypesofrentalhousingoffered,thoughaffordablerentalopportunitiesare

    quicklybecomingathingofthepast.

    Tobetterunderstandourcurrenthousingprofileitisimportanttounderstandthe

    socio-economicdataportraitofAdamsMorgan1:

    Ourpopulationaveragesabout17,000. Lessthan5%ofourresidentsarewithoutahighschooldiploma. Accordingtothelatestdatafiguresourunemploymentrateisunder3%. Yet,32%ofourresidentsearnunder$50,000annually. Thelargestgroupsmakingunder$15,000annuallyareover75yearsofage. Ourhighestearnersarethosebetweentheagesof45and54whoseincomesareover$200,000annually.

    HOMEOWNERSHIPINADAMMORGAN

    41%ofAdamsMorganresidentsarehomeowners--doublethepercentageitwasin1980.Aslateas2007,only32%ofAdamsMorgansresidentsownedtheir

    ownhome.

    Themedianincomeofhomemortgageapplicantsinourcommunitywas$97,000in1997.Todayitiscloseto$122,000.

    Theaveragemedianincomeisapproximately$73,000,whichisabout$14,000higherthanthatoftheDistrictasawhole.

    1Pleasenotestatisticscitedmaydifferbysmallasmalldegreedependingonthesourcesrelied

    uponinthissectionandelsewhereinthedocument.However,webelievetheconclusions

    offeredbythedataremainconstant.

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    organization(CBO)toworkwiththebusinesses.Thiscouldhavepositive

    implicationsforourcommunityssmallbusinesses.

    AFFORDABLEHOUSINGRESOURCES

    AdamsMorganisfortunateinhavingotherservicesandfactorswhichhelpmake

    housingaffordable.

    JubileeHousing-Isafaith-basedCBOlocatedinAdamsMorganprovidingaffordablehousingservicestoeconomicallydisadvantagedresidentsofour

    community.

    HousingCounselingServices(HCS)-Isanon-profitorganizationthatprovidescomprehensivehousingcounselingforpotentialhomebuyers,homeowners,and

    mostimportantly,tenants.HCSoffersimportantcounselingtohelptenants

    becomehomeowners. RentControlinDC-Therentcontrollawappliestolargeapartmentbuildings

    builtbefore1975includingaconsiderablenumberofAdamsMorgan

    buildings.Thelawspellsoutthepercentageincreasealandlordmayaskforwith

    therenewingofaleaseandprovidesavenuesofappealforrenterswhenthey

    thinktheyarebeingovercharged.ThechallengeinAdamsMorganistoacquaint

    ourresidentswiththelawandhowtheycantouseittoprotectthemselves.

    TenantsBillofRights-DChasalsodevelopeda14pointBillofRightstoprotecttenantsfromlandlordswhouseunfairpractices.

    OTHERVARIABLESTHATIMPACTHOUSING

    Transportation-IsakeycommodityforsupportingresidentialhousingandAdamsMorganhassomerobustofferingsforitsresidents.

    SchoolsinAdamsMorgan-AdamsMorganoffersthreelocalelementaryschools.However,twooftheschoolsarestillnotamongthetoprankedschools

    and,whilethethirdschooloffersachallengingcurriculum,itsboundaries

    extendbeyondAdamsMorganrequiringparentstopetitiontohavetheir

    childrenconsideredforadmission.InorderforAdamsMorgantoattractand

    retainfamilies,theschoolswillhavetoimprove.

    Crime,ParksandRecreation-WhilethenumberofviolentcrimeshasdeclinedinAdamsMorgan,propertycrimescontinuetobeaconcern.Thecommunityis

    blessedwithproximitytobothRockCreekParkandtheNationalZoo,both

    nationalattractions,however,ourtwocity-operatedparksKaloramaParkand

    WalterPierceParkwouldbenefitfrommorecityresources.

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