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 emphasizes the urgent need for affordable housing solutions for formerly incarcerated individuals, with an initial allocation of $1.4 million for fiscal year 2025. The contract is structured to ensure annual funding availability, subject to appropriations, with increasing disbursements over the contract period.

The legislation establishes a Long Term Funding Contract (LTFC) as part of the District's Reentry Housing and Services Program, which includes provisions for monitoring, compliance, and accountability. It outlines the responsibilities of the Qualified Recipient, including maintaining project conditions and providing necessary services, while also detailing the funding payment structure and insurance requirements. The bill emphasizes compliance monitoring by DHCD, including routine inspections and documentation reviews, to ensure adherence to program guidelines and the long-term viability of the housing initiative. Overall, the bill aims to create a sustainable funding mechanism to support affordable housing for vulnerable populations in the District of Columbia.