This bill would extend a 20-year housing subsidy contract for 35 affordable units at Euclid Apartments (1740 Euclid Street, NW) through 2046. It transfers the existing contract from Jubilee Housing Limited Partnership II to its affiliate Jubilee ADMO Apartments LP. The extension enables Jubilee ADMO to secure long-term financing for rehabilitation work on the building. This change ensures continued funding under D.C.'s Local Rent Supplement Program for extremely low-income residents living in these units.
This bill approves an extension and transfer of a long-term housing subsidy contract for 7 affordable units at the Fuller Apartments (1650 Fuller Street, NW). It assigns the existing contract from Jubilee Housing Limited Partnership to its affiliate, Jubilee ADMO Apartments LP, and extends the contract term by 20 years (through 2046). This allows Jubilee ADMO to secure long-term financing for moderate rehabilitation of the building while continuing to provide affordable housing for extremely low-income residents, including the chronically homeless, elderly, and people with disabilities, under the District's Local Rent Supplement Program. The change directly affects the 7 subsidized units at Fuller Apartments and ensures ongoing funding for these housing costs.
This resolution approves a 20-year contract (2025-LRSP-04A) between the District of Columbia Housing Authority (DCHA) and PBS Property Holdings, LLC to provide annual subsidies of $255,522 for eight affordable housing units at Kennedy Gardens Apartments (145 Kennedy Avenue, NW). The subsidy supports extremely low-income households (earning 30% or less of the area median income) by covering rental costs for these units under the District's Local Rent Supplement Program. The resolution authorizes the housing subsidy agreement but does not create new policy or alter existing law.
This bill temporarily limits annual rent increases for rent-stabilized units in Washington, D.C., for two years (through April 2025). It directly affects three groups: regular tenants (capped at 6% or inflation rate +2%, max 12% cumulative), home care providers (capped at 4%, max 8% cumulative), and elderly/disabled tenants (capped at 4% or Social Security COLA, max 8% cumulative). The key mechanism sets lower annual increase limits than standard rent adjustments, with strict cumulative caps to prevent excessive hikes. The bill applies to units occupied by these specific tenant groups and expires after 225 days of effective date.
This bill limits annual rent increases for rent-stabilized housing in Washington D.C. for two years (May 2023-April 2025), affecting tenants in stabilized units. It caps general rent increases at 6% annually or the Consumer Price Index (CPI-W) plus 2%, with a 12% total cap over two years. For units leased to home/community-based services providers or occupied by elderly/disabled tenants, increases are capped at 4% annually or the Social Security COLA, with an 8% total cap. The bill applies retroactively to rent increases issued before its effective date.
This resolution (PR 26-0015) extends existing rent stabilization protections for District of Columbia tenants in rent-stabilized housing. It maintains the current annual rent caps - 4% for elderly/disabled tenants or certain co-leased units, and 6% for all other rent-stabilized units - along with cumulative caps (8% and 12% over two years) that prevent excessive rent hikes. The resolution ensures these protections remain in place through April 2025, protecting over 70,000 tenants from displacement due to rapid rent increases. It is a procedural continuation of prior legislation (2023 and 2024 acts) rather than a new policy change.
