The "Multiyear Contract No. DHCD-2025-50 with Jubilee Housing, Inc. Emergency Act of 2025" proposes a 20-year funding contract between the Department of Housing and Community Development (DHCD) and Jubilee Housing, Inc., totaling $33,679,648. This funding is aimed at subsidizing rents and providing services for 18 affordable re-entry supportive housing units located at 1721-1725 Kalorama Road NW in Washington, DC. The bill allocates an initial $1.4 million for fiscal year 2025, with annual increases, and is designed to support formerly incarcerated individuals by ensuring access to affordable housing and necessary support services. The contract is contingent upon the availability of appropriated funds, which DHCD has confirmed are available through fiscal year 2028.

The legislation includes provisions for compliance monitoring, financial accountability, and the responsibilities of the Qualified Recipient to maintain project units and provide necessary services. It outlines a structured funding plan, insurance requirements, and compliance processes to ensure the project's success and adherence to regulations. The bill emphasizes the importance of timely approval as an emergency measure to address housing insecurity among vulnerable populations, while also detailing the consequences for non-compliance, including the potential suspension or termination of funding. Overall, the bill aims to facilitate the development and operation of affordable housing for formerly incarcerated individuals, ensuring they receive the support needed for successful reintegration into the community.