The "National Community Reinvestment Coalition, Inc., Revenue Bonds Project Emergency Approval Resolution of 2025" seeks the approval of the Council of the District of Columbia to issue up to $88 million in tax-exempt revenue bonds. These funds will be used to refinance existing debt for the National Community Reinvestment Coalition, Inc. related to their 11-floor office building located at 740 15th Street, N.W., Washington, D.C. Importantly, the resolution clarifies that the bonds will not create any debt or financial obligation for the District, nor will they involve the District's credit or taxing power.

The resolution grants the Mayor the authority to issue the bonds and manage the financing process, ensuring that it aligns with public interest and supports economic development in the District. It includes provisions for the delegation of authority to appropriate officials, maintenance of necessary documentation, and compliance with public approval requirements. The issuance of the bonds is discretionary, and the resolution emphasizes that the District is not liable for any payments related to the bonds. If the bonds are not issued within three years, the authorization will expire.