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Bill > PR26-0329
DC PR26-0329
DC PR26-0329Local Rent Supplement Program Contract Number 2025-LRSP-04A with PBS Property Holdings, LLC Approval Resolution of 2025
summary
Introduced
09/29/2025
09/29/2025
In Committee
Crossed Over
Passed
10/21/2025
10/21/2025
Dead
Signed/Enacted/Adopted
10/21/2025
10/21/2025
Introduced Session
26th Council
Bill Summary
October 21, 2025 To approve an agreement to enter into a long-term subsidy contract for 20 years in support of the District’s Local Rent Supplement Program to fund housing costs associated with local affordable housing units for Contract Number 2025-LRSP-04A with PBS Property Holdings, LLC for 8 affordable program units at the Kennedy Gardens Apartments, located at 145 Kennedy Street, NW.
AI Summary
This resolution approves a long-term subsidy contract, Contract Number 2025-LRSP-04A, between the District of Columbia and PBS Property Holdings, LLC, to support the Local Rent Supplement Program (LRSP). The LRSP is a program designed to help fund housing costs for affordable housing units. This specific contract will provide an operating subsidy, not to exceed $255,552 annually, for 8 affordable housing units located at Kennedy Gardens Apartments. The contract is authorized under the District of Columbia Home Rule Act and the Procurement Practices Reform Act of 2010, and the Council will transmit a copy of this resolution to the District of Columbia Housing Authority and the Mayor.
Sponsors (1)
Last Action
Resolution R26-0222, Effective from Oct 21, 2025 Published in DC Register Vol 72 and Page 011972 (on 10/31/2025)
Official Document
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lims.dccouncil.gov/Legislation/PR26-0329 |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/60403/Meeting1/Enrollment/PR26-0329-Enrollment1.pdf |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/60403/Introduction/PR26-0329-Introduction.pdf |
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