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DC Metro Action is a listing of local actions, entertainment, volunteer opportunities and the occasional rant on a wide range of socially just issues.
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The Franklin School property needs to be renovated to benefit its residents, not to subsidize a wealthy developer. Councilmember Jack Evans believes that the Franklin School property is too valuable to be used for an emergency shelter for the homeless. Indeed, the building is assessed at $10.3 million. Yet a 29-year lease has been signed with Western Development Corporation (WDC) to turn the shelter into a hotel at a rental rate of $9.76 per square foot: this is less than 25% of the average rate of $44.56 per square foot in this area of the city.
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