The "Georgia Avenue Acquisition Authority Emergency Act of 2025" is emergency legislation proposed to authorize the acquisition of six specific lots (809, 840, 841, 842, 843, and 848) located in Square 2937 on Georgia Avenue. These properties are currently underutilized and facing foreclosure, posing a risk of blight. The bill aims to enable the District to acquire these lots to facilitate cohesive redevelopment, particularly given their proximity to a District-owned site, Engine 22. The Mayor is authorized to purchase these properties, with an expected purchase price of $2.8 million, utilizing funds from the District's Contingency Cash Reserve Fund.

The legislation includes a fiscal impact statement indicating that funds are sufficient in the budget for fiscal years 2025 through 2028 to implement the acquisition. The bill is designed to take effect immediately upon approval by the Mayor and will remain in effect for no longer than 90 days, as stipulated for emergency acts. The Office of the Attorney General has reviewed the legislation and found it legally sufficient, supporting the urgency of the acquisition to prevent further deterioration of the properties and promote economic development in the Georgia Avenue corridor.