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DC PR26-0517
DC PR26-0517Rhode Island Avenue Corridor Long-Term Lease Adjustment Emergency Declaration Resolution of 2026
summary
Introduced
02/02/2026
02/02/2026
In Committee
Crossed Over
Passed
02/03/2026
02/03/2026
Dead
Signed/Enacted/Adopted
02/03/2026
02/03/2026
Introduced Session
26th Council
Bill Summary
February 3, 2026 To declare the existence of an emergency with respect to the need to amend section 2032 of the Deputy Mayor for Planning and Economic Development Limited Grant-Making Authority Act of 2012 to reduce the long-term lease period to no fewer than 5 years for eligibility to the Rhode Island Avenue Support Grant Program.
AI Summary
This resolution declares an emergency to amend the eligibility requirements for the Rhode Island Avenue Support Grant Program, which aims to revitalize businesses and commercial properties in the Rhode Island Avenue Corridor. The original legislation, the Economic Revitalization Initiatives Amendment Act of 2025, had set a minimum lease term of 10 years for businesses and property owners to qualify for grants. However, this resolution argues that this 10-year requirement is too long, deviates from industry standards of 5 years, and may significantly reduce the number of eligible applicants, thus hindering the program's goal of economic revitalization. Therefore, this emergency resolution seeks to reduce the minimum long-term lease period to 5 years, ensuring a broader range of businesses can access these grants.
Sponsors (1)
Last Action
Resolution R26-0336, Effective from Feb 03, 2026 Published in DC Register Vol 73 and Page 001432 (on 02/13/2026)
Official Document
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lims.dccouncil.gov/Legislation/PR26-0517 |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/61150/Meeting1/Enrollment/PR26-0517-Enrollment1.pdf |
| BillText | https://lims.dccouncil.gov/downloads/LIMS/61150/Introduction/PR26-0517-Introduction.pdf |
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