The "Soccer Stadium Redevelopment and Maintenance Act of 2026" authorizes the Mayor of the District of Columbia to enter into a public-private financing agreement with DC United or its affiliates for the redevelopment of Audi Field, which includes the installation of a climate-controlling roof and an expansion of seating capacity by at least 8,000. The total investment for this redevelopment is set at a minimum of $620 million, with $320 million coming from private investment and $300 million from the District's Capital Budget over five years. The redevelopment aims to host over 100 new events annually, generating significant revenue for the District and attracting additional visitors.

Additionally, the bill establishes the Soccer Stadium Preservation and Improvement Fund to support the maintenance and capital improvements of the stadium. It mandates the construction of at least 467 residential units, including affordable housing, and requires the stadium to host a majority of women's sporting events. The bill also includes provisions for tax exemptions on excess revenue from the stadium and outlines the sources of revenue for the Fund, ensuring that unspent funds do not revert to the District's General Fund. The act will take effect upon the execution and approval of the financing agreement.