The Rhode Island Avenue Corridor Long-Term Lease Adjustment Temporary Amendment Act of 2026 amends the Deputy Mayor for Planning and Economic Development Limited Grant-Making Authority Act of 2012. Specifically, it reduces the long-term lease period required for eligibility to the Rhode Island Avenue Support Grant Program from 10 years to 5 years. Additionally, it stipulates that there must be a minimum of 3 years remaining on an existing lease as of the closing date of the application period.

This act will take effect following approval by the Mayor and a 30-day congressional review period, and it is set to expire 225 days after its enactment. The Council has adopted the fiscal impact statement from the Budget Director as part of the legislative process.