The resolution approved by the Council of the District of Columbia on October 21, 2025, pertains to the Assignment, Assumption, and Amendment of a Long-Term Subsidy Contract involving the District of Columbia Housing Authority, Jubilee Housing Limited Partnership, and Jubilee ADMO Apartments LP. This agreement extends the existing contract for an additional 20 years and facilitates the assignment of the contract from Jubilee Housing Limited Partnership to Jubilee ADMO Apartments LP. The purpose of this contract is to support the Local Rent Supplement Program, which provides funding for housing costs associated with the affordable housing units at the Marietta Apartments, located at 2418 17th Street, NW.

The resolution outlines the legal framework for the approval, referencing the District of Columbia Home Rule Act and the Procurement Practices Reform Act. It mandates the transmittal of the resolution to the District of Columbia Housing Authority and the Mayor upon adoption. Additionally, the resolution incorporates the fiscal impact statement from the Chief Financial Officer, confirming the financial implications of the contract extension. The resolution is effective immediately upon adoption.