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 II, 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 II 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 32 affordable housing units at the Euclid Apartments located at 1740 Euclid 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 includes a fiscal impact statement adopted from the Chief Financial Officer, and it takes effect immediately upon passage.