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Bill > B26-0581


DC B26-0581

DC B26-0581
Rhode Island Avenue Corridor Long-Term Lease Adjustment Emergency Amendment Act of 2026


summary

Introduced
02/02/2026
In Committee
Crossed Over
Passed
02/17/2026
Dead

Introduced Session

26th Council

Bill Summary

AN ACT IN THE COUNCIL OF THE DISTRICT OF COLUMBIA To amend, on an emergency basis, 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 bill, the Rhode Island Avenue Corridor Long-Term Lease Adjustment Emergency Amendment Act of 2026, amends the Deputy Mayor for Planning and Economic Development Limited Grant-Making Authority Act of 2012 to make it easier for businesses to qualify for the Rhode Island Avenue Support Grant Program. Specifically, it reduces the required minimum lease term from "10 years" to "5 years," with the added condition that at least 3 years of the lease must remain from the application closing date. This change is being enacted on an emergency basis, meaning it will be in effect for a limited time, no longer than 90 days, to address immediate needs within the Rhode Island Avenue Corridor.

Sponsors (1)

Last Action

Transmitted to Mayor, Response Due on March 3, 2026 (on 02/17/2026)

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