The Multiyear Contract No. DHCD-2025-50 with Jubilee Housing, Inc. Emergency Act of 2025 authorizes the Council of the District of Columbia to approve a 20-year contract between the Department of Housing and Community Development and Jubilee Housing, Inc. This contract, valued at a total not-to-exceed amount of $33,679,648, is designated as a multiyear contract and involves expenditures exceeding $1 million within a 12-month period. The act also empowers the Director of the Department of Housing and Community Development to execute the agreement on behalf of the District.

This legislation is enacted under emergency provisions, allowing it to take effect immediately upon approval by the Mayor or following a Council override of a potential veto. It is designed to remain in effect for a maximum of 90 days, in accordance with the emergency act regulations outlined in the District of Columbia Home Rule Act. The bill includes a fiscal impact statement adopted from the Chief Financial Officer, ensuring that the financial implications of the contract are acknowledged.