The River East at Grandview Homeownership Relief and Restoration Amendment Act of 2025 aims to provide housing relief to former homeowners of the River East at Grandview Condominiums, who have faced significant displacement and uncertainty since structural issues forced evacuations in 2021. The bill introduces several measures to assist these individuals, including eligibility for Home Purchase Assistance Program (HPAP) grants for those who have not repurchased homes, converting existing HPAP loans to grants for those who have, and shortening the affordability covenant period for Inclusionary Zoning ownership units to 15 years. Additionally, the bill ensures that any relief provided will not be taxed as income and mandates annual reporting to track the effectiveness of the relief measures.

The legislation defines "Former Property Owner" as individuals who purchased a condominium unit at River East between July 2017 and March 2019 and no longer own that unit. It also requires coordination between the Department of Housing and Community Development and the District of Columbia Housing Finance Agency to implement these provisions effectively. The act is set to expire on December 31, 2032, and emphasizes the importance of homeownership as a foundation for stability and generational wealth, aiming to help families reclaim their lost opportunities.