No waiver for EastBanc Inc

Occupy DC: ACTION: Dignified Homes Not Arbitrary Zones 1/5

The District of Columbia requires real estate developers to dedicate 8% of new housing units to be below Fair Market Rate (FMR). EastBanc Inc., a multinational development company, is asking the DC Zoning Commission to waive this rule. “EastBanc is one of the most powerful developers in this city, and I am sickened that they are now demanding to be exempt from existing laws meant to protect many Washingtonians,” said DC native and occupier Pete Perry.

Occupy D.C., a group with many DC and DC Metro area residents, does not support the arbitrary suspension of existing zoning rules in the interest of multinational corporations.

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