The DC Examiner covers a new initiative Gerry will unveil in his State of the County address this evening.
In his annual State of the County address, the Democratic chairman and 11th District congressional candidate will announce he wants to explore the use of some of the $23 million affordable housing fund to reverse the damage foreclosures have dealt to neighborhoods, and at the same time allow more families to afford to live in the county.
The county’s “1-penny fund” established three years ago has been devoted to buying apartment units or partnering with nonprofits to hold down rents, but has never been used to buy houses.
