The Malcolm X Extension of Disposition Authority and Term Sheet Amendment Act of 2025 amends the Malcolm X Surplus Declaration and Disposition Approval Act of 2022 to extend the time limit for the disposition of District-owned real property located at 1351 Alabama Avenue, SE. Specifically, the bill changes the timeframe for disposition from "2 years after the effective date" to "4 years after the effective date." Additionally, it updates the definition of "Project" to include a mixed-use development with approximately 150 residential units, 7,500 square feet of daycare space, and 2,000 square feet of retail space, as detailed in the amended term sheet and draft land disposition and development agreement.

The bill also makes several textual amendments to ensure consistency with the updated term sheet and development agreement. It replaces references to the "executed term sheet" with "amended term sheet" and clarifies that the documents were transmitted by the Mayor to the Council with the new act. These changes aim to facilitate the development process and ensure that the project aligns with the updated plans and timelines.