The bill titled the "4111 Kansas Avenue NW Timeline Extension and Tax Forgiveness Act of 2025" aims to provide specific exemptions for the property located at 4111 Kansas Avenue, NW, owned by SOME, Inc. It allows the organization a 48-month period from the date of acquisition to meet the recertification requirements necessary to qualify as a nonprofit workforce housing property, as outlined in section 47-1005.03(b) of the District of Columbia Official Code. Additionally, the bill proposes to forgive and refund any real property taxes assessed or paid on the property since May 31, 2022.

The legislation effectively modifies the existing recertification timeline for SOME, Inc. and ensures that the financial burden of property taxes is alleviated during this period. The bill includes a fiscal impact statement that has been adopted from the committee report, indicating that the Council has considered the financial implications of this act. The bill will take effect following the Mayor's approval, a potential veto override by the Council, a 30-day congressional review period, and publication in the District of Columbia Register.