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. The bill modifies the definition of "Project" to specify that it will include 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 provided by the Mayor.

Additionally, the bill makes several amendments to existing sections, including changing the time frame for the disposition from "2 years after the effective date" to "4 years after the effective date." It also updates references to the term sheet and development agreement to align with the new act, ensuring that all descriptions are consistent with the latest legislative changes. The act will take effect following approval by the Mayor and a 30-day congressional review period.