The proposed resolution aims to address an emergency situation regarding the classification of commercial properties being converted to residential use in the District of Columbia. It seeks to amend Title 47 of the DC Official Code to allow for more timely classification changes, establish an application process for these changes, provide appeal rights for denied applications, and implement a clawback provision if the property is not promptly utilized for residential purposes. This resolution is a response to previous legislation that restricted developers from benefiting from classification changes until construction was fully completed and the property was in actual use.

The Council of the District of Columbia previously enacted emergency and temporary legislation to facilitate the conversion of commercial properties to residential use, which has since expired. The current resolution is necessary to prevent any legal gaps and ensure that developers can continue to receive timely classification changes without interruption. The Council has determined that the circumstances warrant immediate action, allowing the resolution to take effect right away after a single reading.