BUSINESSWTOP DC
Experts say National Guard housing deal is a ‘drop in the bucket’ for DC rentals
The National Guard awarded a $292 million contract to Placemakr for up to 2,000 apartment-style units in D.C. to house troops stationed there until 2029. Experts like Terry Clower and Yesim Sayin argue the deal will have minimal impact on the local housing market, citing D.C.'s over 250,000 rental units and current vacancy trends.
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Adjacent reporting
- National Guard unveils $292M plan to house service members for DC deployment
- National Guard unveils $292M plan to house service members for DC deployment
- Trump Administration Signs Contract for Long-Term National Guard Housing in D.C.
- Council members push back on plan to keep National Guard troops in DC into 2029