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Breakfast links: DC Councilmembers signal support for Capital One Arena investment

LinksBy Eleanor Barker (Contributor) December 1, 2023

  • Officials see Capital One Arena renovations as key to revitalizing Chinatown post-pandemic

    As Chinatown grapples with decreased foot traffic post-pandemic, largely due to federal office workers’ sluggish return to the office, business owners and elected officials point to public investment in Capital One Arena renovations as key to revitalization. The arena owners have requested $600 million in public funds toward the $800 million project.  (Matt Blitz / DCist)  

  • Alexandria Mayor Justin Wilson won’t seek reelection next year

    Alexandria Mayor Justin Wilson announced in his newsletter that he intends to step down at the end of his term. This opens up a competitive seat in 2024, with the June Democratic primary likely to determine the next mayor in this heavily Democratic jurisdiction. In Alexandria’s weak mayoral system, the mayor presides over the City Council. (This article is behind a paywall)  (Teo Armus / Post)  

  • Some first-time homebuyers see deals fall apart as DC changes rules for receiving aid

    DC’s first-time homebuyer assistance program (HPAP) ran out of funds in mid-2023 after increasing the maximum aid buyers can be eligible for without increasing overall funds available. In response, DC then capped allowable aid at 30% of home price, causing some low-income homebuyers’ in-progress purchases to fall through. Less than eight weeks into the 2024 fiscal year, 66% of the program’s funds for the year have been spent. (This article is behind a paywall).  (Meagan Flynn / Post)  

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