ENROLLED ORIGINAL
A RESOLUTION
25-739
IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
December 3, 2024
To approve an agreement to enter into a long-term subsidy contract for 20 years in support of the
District’s Local Rent Supplement Program to fund housing costs associated with
affordable housing units for Contract No. 2024-LRSP-08A with 2911 RI Owner LLC for
program units at 2911 Rhode Island Avenue located at 2911 Rhode Island Avenue, NE.
RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
resolution may be cited as the “Local Rent Supplement Program Contract No. 2024-LRSP-08A
with RI Owner LLC Approval Resolution of 2024”.
Sec. 2. Pursuant to section 451 of the Home Rule Act (D.C. Official Code § 1-204.51)
and section 202 of the Procurement Practices Reform Act of 2010, effective April 8, 2011
(D.C. Law 18-371; D.C. Official Code § 2-352.02), the Council approves Contract No. 2024-
LRSP-08A, a long-term subsidy contract, with 2911 RI Owner LLC to provide an operating
subsidy in support of 21 affordable housing units in an initial amount not to exceed $760,248
annually.
Sec. 3. Transmittal.
The Council shall transmit a copy of this resolution, upon its adoption, to the District of
Columbia Housing Authority and the Mayor.
Sec. 4. Fiscal impact statement.
The Council adopts the fiscal impact statement of the Chief Financial Officer as the fiscal
impact statement required by section 4a of the General Legislative Procedures Act of 1975,
approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).
Sec. 5. Effective date.
This resolution shall take effect immediately.
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