Proposed Multiyear Assignment, Assumption and Amendment of Long term Subsidy Contract by and among the District of Columbia Housing Authority, Jubilee Housing Limited Partnership and Jubilee ADMO Apartments LP re Ritz Apartments

October 15, 2025
The Honorable Phil Mendelson
Chairman
Council of the District of Columbia
1350 Pennsylvania Avenue NW, Suite 504
Washington, DC 20004-3003
Dear Chairman Mendelson:
Pursuant to D.C. Official Code § 2-352.02 and 6-227(f)(2), I ha
ve enclosed, for consideration by the Council of the
District of Columbia, the (a) Council Contract Summary for the Assignment, Assumption and Amendment of Long
Term Subsidy Contract (“Agreement”) by and among the District of Columbia Housing Authority, Jubilee Housing
Limited Partnership, and Jubilee ADMO Apartments LP, and (b) proposed Assignment, Assumption and Amendment of
Long Term Contract Subsidy Contract for the Ritz Apartments by and among the District of Columbia Housing
Authority, Jubilee Housing Limited Partnership, and Jubilee ADMO Apartments LP Approval Resolution of 2025.
The District of Columbia Housing Authority proposes to consent to an assignment, assumption and amendment of
the current Long Term Subsidy Contra ct between DCHA and Jubilee Housing Limited Partnership (LTSC Contract
Number 0076-2007-0018L) (the "LTSC"). The LTSC will be assigned by Jubilee Housing Limited Partnership to
Jubilee ADMO Apartments LP and will be assumed by Jubilee ADMO Apartments LP. The LTSC will be extended for
twenty (20) years. With the LTSC extension, Jubilee ADMO Apartments LP will obtain long term financing to conduct
moderate rehabilitation on the Ritz Apartments.
As always, I am available to discuss any questions you may have regarding the proposed Agreement. In order to
facilitate a response to any questions concerning this Agreement , please have your staff contact Hammere Gebreyes,
Director of External Affairs and Senior Advisor, at (202) 207-4694.
I look forward to your favorable consideration of this proposed Agreement.
Sincerely,
Keith Pettigrew
Executive Director,
District of Columbia Housing Authority

Date: October 15, 2025
Pursuant to section 202(c) of the Procurement Practice Reform Act of 2010, as amended, D.C. Official
Code § 2-532.02(c), the following contract summary is provided:
COUNCIL CONTRACT SUMMARY
(A) Contract Number: 0076-2007-0018L - The Ritz
(B)
(C)
(D)
Proposed Contractor (Owner): Jubilee ADMO Apartments LP
Contract Amount (Base Period): $773,400/yr
Unit and Method of Compensation: Housing Assistance Payments, paid monthly
Extension Term of Contract: 20 years
Type of Contract: Local Rent Supplement Program (LRSP) Contract Extension
Source Selection Method: See “D” below
For a contract containing option periods, the contract amount for the base period and for
each option period. If the contract amount for one or more of the option periods differs from
the amount for the base period, provide an explanation of the reason for the difference:
Not Applicable; no option periods.
The goods or services to be provided, the methods of delivering goods or services, and any
significant program changes reflected in the proposed contract:
This contract submission requests approval of an Assignment, Assumption and Amendment
Agreement that would result in a twenty (20) year extension, until February 28, 2046, of a Long
Term Subsidy Contract between DCHA and Jubilee Housing Limited Partnership II ("Assignor")
that will be assigned to Jubilee ADMO Apartments LP ("Assignee"). The twenty (20) year
extension will allow for the continued provision of rental assistance under the existing terms of the
LTSC, ensuring ongoing support for eligible residents and uninterrupted operation of the program
at the Ritz Apartments as wells as the Assignee obtaining financing for a moderate rehabilitation
of the Ritz Apartments.
The selection process,
including the number of offerors, the evaluation criteria, and the
evaluation results, including price, technical or quality, and past performance components:
Not applicable.
2
(E) A description of any bid protest related to the award of the contract, including whether the
protest was resolved through litigation, withdrawal of the protest by the protestor, or
voluntary corrective action by the District. Include the identity of the protestor, the grounds
alleged in the protest, and any deficiencies identified by the District as a result of the protest:
None.
(F) The background and qualifications of the proposed contractor, including its organization,
financial stability, personnel, and performance on past or current government or private
sector contracts with
requirements similar to those of the proposed contract:
Jubilee Housing Inc. ("Jubilee") is a non-profit developer, manager and service provider with fifty
(50) years’ experience operating in DC’s Ward One neighborhood formed the Assignor to obtain
ownership of several Jubilee properties (including the Ritz) to lead a redevelopment of the Jubilee
properties. Jubilee has operated as a certified Community Housing Development Organization
(CHDO) for nearly two decades. Jubilee has developed nearly three hundred (300
) units of similar
deeply affordable housing working successfully with District of Columbia agencies, and has
another two hundred eighty (280) plus units of affordable housing under development currently.
The Chief Executive Officer has twenty (
20) years’ experience leading affordable housing
development and works with a Vice President of Real Estate, Development Coordinator and a
talented group of consultants and volunteers. Jubilee partners with industry leaders on its
multifamily development efforts, including EquityPlus, a leading DC based development
consultant. Its Chief Operating
Officer oversees property operations with nearly thirty (30) years’
experience in similar work. The CFO has twenty
(20) plus years overseeing financial activities for
similar non-profits and public agencies.
3
(G) A summary of the subcontracting plan required under section 2346 of the Small, Local, and
Disadvantaged Business Enterprise Development and Assistance Act of 2005, as amended,
D.C. Official Code § 2-218.01 et seq. (“Act”), including a certification that the
subcontracting plan meets the minimum requirements of the Act and the dollar volume of
the portion of the contract to be subcontracted, expressed both in total dollars and as a
percentage of the total contract amount:
Not applicable.
(H) Performance standards and the expected outcome of the proposed amount:
The performance standards for the LRSP contract include maintaining full occupancy
of assisted units, timely submission of required reports, compliance with housing quality
standards, and effective case management & supportive services. The expected
outcome of the proposed contract amount is to ensure stable, affordable housing for eligible low-
income residents, reduce housing instability and homelessness, and support long-term housing
retention through consistent subsidy administration and tenant support.
(I) The amount and date of any expenditure of fund by the District pursuant to the contract
prior to its submission to the Council for approval:
None.
(J) A certification that the proposed contract is within the appropriated budget authority for the
agency for the fiscal year and is consistent with the financial plan and budget adopted in
accordance with D.C. Official Code §§ 47-392.01 and 47-392.02:
See attached CFO certification.
(K) A certification that the contract is legally sufficient, including whether the proposed
contractor has any pending legal claims against the District:
See attached Pending Litigation Certification and DCHA Legal Sufficiency Memorandum.
(L) A certification that Citywide Clean Hands database indicates that the proposed contractor is
current with its District taxes. If the citywide clean hands Database indicates that the
proposed contractor is not current with District taxes, either: (1) a certification that the
contractor has worked out and is current with a payment schedule approved by the District;
or 92) a certification that the contractor will be current with its District taxes after the
District recovers any outstanding debt as provided under D.C. Official Code §
2-353.01(b):
The Clean Hands certification is attached.
(M) A certification from the proposed contractor that it is current with its federal taxes, or has
worked out and is current with a payment schedule approved by the federal government: The
Federal Tax Certification is attached.
4
(N) The status of the proposed contractor as a certified local, small, or disadvantaged business
enterprise as defined in the Small, Local, and Disadvantaged Business Enterprise
Development and Assistance Act of 2005, as amended; D.C. Official Code 2-218.01 et seq.:
Jubilee ADMO Apartments LP is not certified as a local, small or disadvantaged business
enterprise.
(O) Other aspects of the proposed contract that the Chief Procurement Officer considers
significant:
Not applicable.
(P) A statement indicating whether the proposed contractor is currently debarred from
providing services or goods to the District or federal government:
DCHA's Office of Administrative Service has conducted a federal and local search of Jubilee
ADMO Apartments LP and has found no evidence of federal or District debarment.
(Q) Any determination and findings issue relating to the contract’s formation, including any determination
and findings under D.C. Official Code § 2-352.05 (privatization contracts):
None.
(R) Where the contract, any amendments or modifications, if executed, will be made available
online: The contract will be made available on the DCHA website.
(S) Where the original solicitation, and any amendment or modifications, will be made
available online: Not applicable. The proposed Ritz LTSC is being extended pursuant to the terms of DC
Code section 6-227(f)(2) which does not require a competitive solicitation for the circumstances under which
the Ritz LTSC is being extended.
THIS IS TO CERTIFY
that all applicable provisions of the District of Columbia Business
Organizations Code (Title 29) have been complied with and accordingly, this
CERTIFICATE OF
GOOD STANDING
is hereby issued to
C E R T I F I C A T E
Jubilee ADMO Apartments LP
IN TESTIMONY WHEREOF I
have hereunto set my hand and caused the seal of this office to
be affixed as of
9/4/2025 1:43 PM
Business and Professional Licensing Administration
Tracking #:
UVlkeCRk
GOVERNMENT OF THE DISTRICT OF COLUMBIA
DEPARTMENT OF LICENSING AND CONSUMER PROTECTION
CORPORATIONS DIVISION
WE FURTHER CERTIFY
that the domestic entity is formed under the law of the District on
12/07/2022 ;

that all fees, and penalties owed to the District for entity filings collected through the
Mayor have been paid and Payment is reflected in the records of the Mayor; The entity's most
recent biennial report required by § 29-102.11 has been delivered for filing to the Mayor; and the
entity has not been dissolved.
This office does not have any information about the entity
¶
s
business practices and financial standing and this certificate shall not be construed as the entity
¶
s
endorsement.
Initial File #:
P00007519623
Entity Type:
LP

a.
ee
Housing Deeplyaffordable.Thrivingneighborhoods.Nearbyservices.
CERTIFICATEOF FEDERAL TAXES
Date:September5th,2025
DistrictofColumbiaHousingAuthority
3007"Street,SW,10"Floor
Washington,DC 20032
|,JamesKnight,CEO ofJubileeADMO ApartmentsLP,herebycertifythatJubileeADMO
ApartmentsLPis eGripntwithitsfederaltaxableobligations,orhasworkedoutandiscurrent
withapayment leapprovedbythefederalgovernment.
By:Name: James Knight
Title:CEO
Date: September aM 2025
Stateof_D
Countyof,
Iherebycertifythatonthis5"dayofSeptember,2025,JamesKnightpersonallyappeared
beforeme andacknowledgedheistheCEOof JubileeADMO ApartmentsLP,andinhis
capacityastheCEO ofJubileeADMO ApartmentsLP,heexecutedthiscertificateasofthe
datesetforthabove.
1631EuclidStreetNW#P-5|Washington,DC20009Phone:202.288.1240Fax:202.299.1246jubileehousing.org

“)
suniiee
Housing — veepiyaffordable.Thrivingneighborhoods.Nearbyservices.
163,34a(CoveredContractorContributions!

TheundersignedherebycertifiesthatJubileeADMO ApartmentsLPiscurrentlynot,and
willnot be, in violationof Districtof Columbia Code §1-1163.34a, which provides a covered
contractorShall not contribyte to a prohibited recipientduring the prohibited period

NOTARY:
Therebycertifythaton this__5 dayofSeptem joe , AQAS
personallyappearedandsignedthisdocumentandacknowledgedthathewastheCEOof
JubileeADMO ApartmentsLP.
State/County/DistrictofColumbia NotaryPublic:Soetoro Ruth
[SEAL]
1634EuclidStreatNW#P-5|Washington,DC20008Phone:202.298.1240Fax:202.299.1246jubilaehousing.org
RES
A,
syne
Housing — Deeplyaffordable.Thrivingneighborhoods.Nearbyservices.
CERTIFICATEOF PENDING LITIGATION
Date:September5",2025
DistrictofColumbiaHousingAuthority
3007"Street,SW, 10"Floor
Washington,DC 20032
|,JamesKnight,CEO of JybileeADMO ApartmentsLP,herebycertifythatJubileeADMO.
Title:CEO
Date:September 5",2025
Stateof TD.
Countyof,
Therebycertifythatonthis5"dayofSeptember,2025,JamesKnightpersonallyappeared
before me and acknowledged he isthe CEO of Jubilee ADMO Apartments LP, and in his
capacity as the CEO of Jubilee ADMO Apartments LP, he executed thiscertificateas of the
date set forth above.
NotarySeal
1631EuclidStreetNW#P-5|Washington,DC20009Phone:202.299.1240Fax:202.299.1246jublleehousing.org

oy
abies
Housing deeplyaffordable,Thrivingneighborhoods.Nearbyservices

TEAM AFFIDAVITCERTIFICATE
|,James Knight, CEO of Jubilee ADMO Apartments LP, hereby attestthat allmembers
oftheteamwhoarelistedbelowarenotlistedintheListofPartiesExcludedfromFederal
ProcurementorNon-ProcurementPrograms:
ProjectName:ReferenceProjectNamesBelow:
ProjectNumber:ReferenceProjectNumbersBelow:
‘TheEuclidApartments,JubileeHousingLP (0076-2007-0021LCONSTRUCTIONTEAM: TRSaronAnriiyee langUP co76200702)‘TheMozartfablesHousingtS(o0re-2007080)TheFul,dubleeHousingLP(3076-2007-00%X1)
Contractor:MonarcConstructionInc. ‘TheMaretsubibeHobsingL (00722007xXSubcontractor: By General Contractor
Subcontractor: By General Contractor
‘Subcontractor:By GeneralContractor

furtherattest,
debarredfro1
atnopringfpal,majorstockholder,officer,ordirectoroftheconstructionteamis
ina federalprocurementornon-procurementprogram.
By:
Name:Ja
Title:CEO
Date:SeptemUer5",2025
Stateof TX.
Countyof
‘herebycertifythatonthis5"dayofSeptember,2025,JamesKnightpersonallyappeared
beforeme andacknowledgedheistheCEOof JubileeADMO ApartmentsLP,andinhis
capacityastheCEO ofJubileeADMO ApartmentsLP,heexecutedthiscertificateasofthe
datesetforthabove.
NotarySeat B
Name:

21631ental

1101 4th Street, SW
Washington, DC 20024
Date of Notice: September 4, 2025 L0014849514Notice Number:
FEIN: **-***9167
Case ID: 18702717
Government of the District of Columbia
Office of the Chief Financial Officer
Office of Tax and Revenue
JUBILEE ADMO APARTMENTS LP
1631 EUCLID ST NW # P-5
WASHINGTON DC 20009-5628
Branch Chief, Collection and Enforcement Administration
Authorized By Melinda Jenkins
To validate this certificate, please visit MyTax.DC.gov. On the MyTax DC homepage, click the
“Validate a Certificate of Clean Hands” hyperlink under the Clean Hands section.
CERTIFICATE OF CLEAN HANDS
As reported in the Clean Hands system, the above referenced individual/entity has no outstanding
liability with the District of Columbia Office of Tax and Revenue or the Department of Employment
Services. As of the date above, the individual/entity has complied with DC Code § 47-2862, therefore
this Certificate of Clean Hands is issued.
TITLE 47. TAXATION, LICENSING, PERMITS, ASSESSMENTS, AND FEES
CHAPTER 28 GENERAL LICENSE
SUBCHAPTER II. CLEAN HANDS BEFORE RECEIVING A LICENSE OR PERMIT
D.C. CODE § 47-2862 (2006)
§ 47-2862 PROHIBITION AGAINST ISSUANCE OF LICENSE OR PERMIT
1101 4th Street SW, Suite W270, Washington, DC 20024/Phone: (202) 724-5045/MyTax.DC.gov
COPY
MEMORANDUM
TO:
FROM:
DATE:
Keith Pettigrew
Executive Director
Andrea Powell
Deputy General Counsel
October 15, 2025
District of Columbia Housing Authority
300 7th Street, SW, 10th Floor, Washington, DC 20024
202-535-1000
Keith Pettigrew, Executive Director
SUBJECT: Pr
oposed Assignment, Assumption, and Amendment of a Long-Term Subsidy Contract
by and among Jubilee Housing Limited Partnership (“Jubilee Housing”), as Assignor,
Jubilee ADMO Apartments LP (“Jubilee ADMO”), as Assignee, and the District of
Columbia Housing Authority (“DCHA”) to be submitted to the Council for the District
of Columbia for approval pursuant to D.C. Official Code §2-352.02(a)(1) and §6-
227(f)(2), as amended.
1. Procurement Proces
s
On January 9, 2008, DCH
A issued a “Request for Proposals Number 0104-2008, Local Rent
Supplement Program – Project-Based Program” (“2008 RFP”)” seeking proposals from property
owners, developers, and service providers for participation in DCHA’s Local Rent Supplement Program
(“LRSP”). DCHA sought to provide LRSP project-based and sponsor-based funding for units that
would combine any LRSP award with public housing subsidy received by DCHA from the United
States Department of Housing and Urban Development. The LRSP housing units are for extremely low-
income families making zero to thirty percent (30%) of the area’s median income, as well as the
chronically homeless and individuals with mental or physical disabilities.
Pursuant to the 2008 RFP, on May 13, 2010, DCHA entered into with Jubilee Housing a fifteen (15)
year Long Term Subsidy Contract (Contract Number 0076-2007-0018L) for eighteen (18) LRSP units
at The Ritz Apartments (“Jubilee LTSC”), located at 1631 Euclid Street NW, Washington, D.C. (“The
Ritz”). The Ritz is currently owned by Jubilee Housing.
The Jubilee LTSC has been subsequently amended and renewed by the parties. Under DC Code §6-
227(f)(2), a Long-Term Subsidy Contract, funded with LRSP, may be extended without the need for
competition.
I have enclosed for consideration by the Council of the District of Columbia, the Council Contract
Summary for a proposed Assignment, Assumption, and Amendment of a Long-Term Subsidy Contract
by and among Jubilee Housing, as Assignor, Jubilee ADMO, as Assignee, and DCHA (the “Agreement”)
that is being executed to (a) assign to Jubilee ADMO the J ubilee LTSC, and (b) extend the term of the
www.dchousing.org

www.dchousing.org
Jubilee LTSC for an additional twenty (20) years. Jubilee Housing will deed its ownership interest in
The Ritz to Jubilee ADMO. Jubilee ADMO will use the extended Jubilee LTSC to obtain financing to
do a rehabilitation of The Ritz. One of the conditions to the new financing for The Ritz is to extend
the Jubilee LTSC term for twenty (20) years to February 28, 2046.
Both Jubilee Housing and Jubilee ADMO share common ownership and management through Jubilee
Housing Inc., which is the general partner of Jubilee Housing and the general partner of the general
partner of Jubilee ADMO.
2. Description of Proposed Contract
The Agreement assigns and extends the length of the Jubilee LTSC for twenty (20) years. DCHA will
fund the Jubilee LTSC with DCHA’s operating funds for Fiscal Year 2026 in compliance with the
applicable Federal and District of Columbia regulations and DCHA’s policies and procedures.
3. Legal Review
The DCHA Office of the General Counsel (OGC) has reviewed the proposed Agreement for legal
sufficiency. OGC’s review of t he Agreement indicated that it is legally sufficient. In addition, we are
not aware of any pending legal claims of Jubilee ADMO against the District of Columbia or DCHA.
APPROVED AS TO LEGAL SUFFICIENCY:
Andrea Powell
Deputy General Counsel
District of Columbia Housing Authority

CERTIFICATIONS
I hereby certify that the proposed Assignment, Assumption and Amendment of the Long Term
Subsidy Contract between the District of Columbia Housing Authority (“DCHA”), Jubilee ADMO
Apartments LP ("Jubilee ADMO"), and Jubilee Housing Limited Partnership
("Jubilee Housing"), that results in the existing Ritz Apartments Long Term Subsidy Contract
between DCHA and Jubilee Housi ng ("LTSC") to be assigned by Jubilee Housing to Jubilee
ADMO and to be extended for twenty (20) years, and which LTSC is funded from funds
received by DCHA from the District of Columbia for DCHA's 2026 Fiscal Year operating budget,
is in compliance with the applicable Federal law and regulations.
____________________________ Dated: October 15, 2025
Keith Pettigrew
Executive Direct
or, DCHA
I have reviewed this proposed action. I have determined that upon the District's release of
the Local Rent Subsidy Program funds and the satisfaction of all requirements of the Long
Term Subsidy Contract, DCHA will make available to Jubilee ADMO Apartments LP an initial
annual subsidy amount of up to $773,400 for the Ritz Apartments. This action is within
DCHA's apportionment and budget authority, and is within the District's Financial Plan and
Budget for FY 2026, and such funds are available for administration by DCHA to support
the action.
______________________________ Dated: October 15, 2025
Heather Mueller
Chief Financial Officer, D
CHA

GOVERNMENT OF THE DISTRICT OF COLUMBIA
PROFILE SUMMARY
(CONTRACTs TO PUR
CHASE, SELL, ACQUIRE, TRANSFER, LEASE OF REAL
PROPERTY/ EXCLUSIVE RIGHT AGREEMENTs/LOANs & GRANTs OVER $1M/INTRA-
DISTRICTs)
Contracting Agenc
y: District of Columbia Housing Authority Agency Code:
Using Agency: District of Columbia Housing Authority Agency Code:
Loan/Grant/Lease Sub-recipient Name: Jubilee ADMO Apartments LP; The
Ritz LTSC Number 0076-2007-0018L
Should the D.C. Council have any questions regarding this loan/grant/lease, please
contact: Hammere Gebreyes 202-848-1076
Program Manager Telephone Number
TYPE OF DOCUMENT SUBMITTED
1. Loan/Grant/Lease Modification 4. Unwritten or Informal Contract
2. Exercise of Grant Option Year (E. O.) 5. Lease of Real Property
3. Loan/Grant/Lease Agreement for: 6. Other:
LTSC Housing Subsidy
__________________________________
LOAN/GRANT TYPE
1. Subsidy – LRSP Housing Subsidy 4. Cost Reimbursement
2. Loan Price
5. Time and Material
3. Task Order 6. Advance Payment

GRANT/LOAN/LEASE INFORMATION
Subs
idy: $(On going LRSP)
Am t. Required Next FY: N/A
Grant/Loan/Lease No. : DCHA
Subsidy Amt. Required This FY: $773,400
Caption: Jubilee ADMO Apartments LP (Ritz) Term: 20 year term
Doe
s this Housing Subsidy Amount exceed $1 million: Yes No X
If
yes, please attach a copy of the DC Council approval and provide the following information:
Date received:__________________ Date approved:
LEAS
E INFORMATION - N/A
Lease No.:______________________ Total Cost
Location:_______________________ Annual Cost
Sq. Ft. Leased: __________________ Cost Per Sq. Ft.
Total Bldg. Sq. Ft.:_______________ % Sq. Ft. Leased By D.C.
BRIEF DESCRIPTION OF GRANT/LOAN/LEASE
SOURCE OF FUNDING
1. Appropriated
Local R ent Supplement Program
4. Intra -District
2. Capital 5. Inter-Jurisdictional
3. Grant ( ) 6. Other: (Indicate: )
If procurement action is funded by grant or other non-capital or non-appropriated funds, will the
District need to expend some portion of its funds prior to receiving funds from the grantor or
other funding source?
Yes No NOT APPLICABLE
If
Yes, indicate the amount the District will need to expend and the percentage this amount
represents of the total funds required to support the effort. District Funds $
%______________________.
1
ASSIGNMENT, ASSUMPTION, AND AMENDMENT OF
LONG TERM SUBSIDY CONTRACT
This Assignment, Assumption and Amendment of Long-Term Subsidy Contract
(“Agreement”) is entered into and effective as ___________ ___, 2025 ( “Effective Date”), by
and among Jubilee Housing Limited Partners hip, a District of Columbia limited partnership
(“Jubilee Housing”), as assignor, Jubilee ADMO Apartments LP , a District of Columbia
limited partnership (“Jubilee ADMO ”), as assignee, and the District of Columbia Housing
Authority (“ DCHA”). DCHA, the Jubi lee Housing, and Jubilee ADMO are sometimes
collectively referred to herein as the “Parties”.
WITNESSETH:
WHEREAS, on May 13, 2010, DCHA and Jubilee Housing entered into a fifteen (15)
year Long-Term Subsidy Contract for DCHA to provide rental assistance subsidies for eighteen
(18) units to Jubilee Housing under DCHA’s Local Rent Supplement Program (LRSP) for the
property known as “The Ritz” located at 1631 Euclid Street NW, Washington, D.C. (the
“Ritz LTSC”);
WHEREAS, Jubilee Housing desires to deed its ownership interest in The Ritz to Jubilee
ADMO;
WHEREAS, in connection with the sale of The Ritz to Jubilee ADMO, Jubilee Housing
desires to assign its rights and interest in the Ritz LTSC to Jubilee ADMO, subject to DCHA’s
consent to the assignment;
WHEREAS, Jubilee ADMO has agreed to assume the rights, obligations, and duties of
Jubilee Housing with respect to the Ritz LTSC, as provided in the Ritz LTSC as amended by this
Agreement;
WHEREAS, Jubilee ADMO desires to obtain long term financing to pay for a
rehabilitation of The Ritz;
WHEREAS, as a condition to the new long-term financing for the rehabilitation of The
Ritz, Jubilee ADMO wi shes to extend the term of the Ri tz LTSC by twenty (20) yea rs after its
current expiration date of February 28, 2026 to February 2046; and
WHEREAS, as of the Effective Date, Jubilee Housing represents and covenants to DCHA
that Jubilee Housing is in compliance with the terms of the Ritz LTSC and all applicable laws,
rules, and regulations applicable to the LRSP.
NOW THEREFORE, in consideration of the sum of Ten Dolla rs ($10.00) and the above
recitals, each of which is hereby made a p art of this Agreement, the adequacy, sufficiency and
receipt of which is hereby acknowledged, the Pa rties hereto hereby covenant and agree as
follows:
2
1. Recitals.
T
he foregoing Recitals are incorporated herein by reference and made a part of this
Agreement
2. Assignment.
J
ubilee Housing hereby grants, conveys, assigns and transfers to Jubilee ADMO all of its
rights and interests in the Ritz LTSC.
3. Assumption.
Ju
bilee ADMO hereby accepts and assumes all of Jubilee Housing’s rights, interests, and
obligations in the Ritz LTSC and agrees to (i) comply with all the terms and conditions of the
Ritz LTSC as amended by this Agreement, and (ii) perform all of Jubilee Housing’s obligations
and duties set forth in the Ritz LTSC, in the place and stead of Jubilee Housing.
4. Consent to Assignment.
DCHA
hereby approves and consents to the assignment of the Ritz LTSC by Jubilee
Housing to Jubilee ADMO and the assumption by Jubilee ADMO of all of Jubilee Housing’s
rights, interests, obligations, and duties as set forth in the Ritz LTSC, as amended by this
Agreement.
5. Extension of Ritz LTSC Term.
Un
less sooner terminated pursuant to the terms and conditions of the Ritz LTSC, the Ritz
LTSC’s current expiration date of February 28, 2026 will be extended for twenty (20) years to
February 28, 2046.
6. Contract Units.
The
Ritz LTSC’s existing Exhibit C of Contract Units and Rents is deleted and replaced
with the new Exhibit C attached hereto as Schedule 1.
7. Compliance with HQS and Other Ritz LTSC Contract Provisions.
Notw
ithstanding anything contained herein or in the Ritz LTSC to the contrary, no LRSP
payments will be made by DCHA to Jubilee ADMO with respect to any specific unit unless such
specific unit covered by the Ritz LTSC is in compliance with Housing Quality Standards
(“HQS”), the applicant has been deemed eligible for the LRSP, and Jubilee ADMO is
compliance with all other terms of the Ritz LTSC, as amended by this Agreement.
3
8. J ubilee Housing’s Certifications.
A
s a condition precedent to extend the term of the Ritz LTSC, Jubilee Housing certifies
to the following:
a. A
ll Ritz LTSC c ontract units are in good, safe, sanitary, and te nantable
conditions. Jubilee Housing is maintaining T he Ritz and all Ritz LTSC contract units in
accordance with the HQS.
b. T
he amount of the R ental Subsidy set forth in the Ritz LTSC is the correct
amount due under the Ritz LTSC.
c. T
he amount of the Rental Subsidy to Jubilee Housing for ea ch Ritz LTSC
contract unit does not exceed rents charged by Jubilee Housing for other c omparable
unassisted units.
d. E
xcept for the R ental Subsidy and the t enant rent as provided unde r the Ritz
LTSC, Jubilee Housing has not received any payments or other conside rations (from a
family, DCHA, or any other public or pri vate source) for rental of a Ritz LTSC contract
unit.
e. No
family at The Euclid owns, or ha s any eq uity interest in , the Ritz LTSC
contract unit.
f. T
he Ritz LTSC contract units and The Ritz have an automatic sprinkler system or
smoke detectors in proper condi tion in compliance with t he Fire Administration
Authorization Act of 1992.
g. T
he Ritz LTSC contract units and The Ritz are in compliance with all applicable
Lead-Based Paint regulations and Jubi lee Housing has al l appr opriate licenses and
certificates to do business under applicable District of Columbia law.
h. J
ubilee Housing has complied with all applicable federal and local laws,
regulations, and other requirements.
i. T he Ritz LTSC contract units listed on the attached Schedule 1 are the sole units
for which Jubilee Housing is receiving Rental Subsidy.
9. Amen dment.
None of the terms or provisions of this Agreement may be changed, waived, modified,
discharged or terminated except by instrument in writing. None of the terms or provisions of this
Agreement shall have been abrogated or waived by reason of any failure or failures to enforce
the same.
4
10. E ntire Agreement .
This Agreement constitutes the entire understanding between the Par ties and supers edes
any prior understandings and agreements between the Parties respecting the subject matter of this
Agreement. Except as expressly provided for in this Agre ement, no changes to the Ritz LTSC
may be made except in writing, signed by the Parties.
11. Captions and H ea dings.
T
he captions and headings contained in this Agreement are included herein for
convenience of reference only and shall not be considered a part hereof and are not in any way
intended to limit or enlarge the terms hereof.
12. S ev erability.
In the ev
ent any one or more of the provisions of this Agreement shall for any reason b e
held to be invalid, illegal, or unenforceable, in whole or in part or in any respect, such provision
shall not affect any other provision of this Agreement and the remainder of this Agreement shall
remain in full force and effect.
13. Enforcement.
If
Assignee fails to comply with any obligations under this Agreement or the Ritz LTSC,
including Assignee’s obligation to maintain all the LRSP units in accordance with the HQS,
DCHA may exercise any and all of its rights or remedies under the Ritz LTSC.
14. C ounter parts.
Th
is Agreement may be executed by the Parties in one or more counterparts, each of
which shall be deemed to be an original hereof and all of which counterpart originals shall be
deemed to constitute one and the same document.
15. B inding Effect .
Except as expressly provided in this Agreement, the terms of the Ritz LTSC shall remain
in full force and effect and binding upon all successors and assigns.
16. Defined Terms.
D
efined terms used in this Agreement that are not defined in this Agreement shall have
the meanings ascribed to such terms as set forth in the Ritz LTSC.
[Signature Page Follows]
5
IN WI
TNESS WHEREOF, the P arties have du ly executed this Agreement by their duly
authorized signatories as of the date first written above.
ASSIGNOR:
J
UBILEE HOUSING LIMITED PARTNERSHIP,
a District of Columbia limited partnership
B
y: JHI BUILDING, LLC, a District of Columbia
limited liability company, its general partner
B
y: _________________________________
Name: James Knight
Title: Executive Manager
Date: _______________________________
ASSIGNEE:
J
UBILEE ADMO APARTMENTS LP, a District of
Columbia limited partnership
B
y: J UBILEE ADMO GP LLC, a District of Columbia
limited liability company, its general partner
B
y: _________________________________
Name: James Knight
Title: Executive Manager
Date: _______________________________
DCHA:
D
ISTRICT OF COLUMBIA HOUSING AUTHORITY
B
y: _________________________________
Name: Keith Pettigrew
Title: Executive Director
Date: _______________________________
6
Schedule 1
Contract Units
Jubilee RitzProject Name :
Project Address:
Effective Date: 10/15/25
1631 Euclid St. NW Washington, DC 20009
No. Unit No. Address: No. of Bedrooms Proposed for
LRSP subidy
Yes/No
Occupied
Yes/No
Contract Rent
1 101 1631 Euclid 1 Yes Yes $ 2,242
2 106 1631 Euclid 1 Yes Yes $ 2,242
3 108 1631 Euclid 1 Yes Yes $ 2,242
4 109 1631 Euclid 0 Yes Yes $ 1,716
5 111 1631 Euclid 0 Yes Yes $ 1,716
6 202 1631 Euclid 3 Yes Yes $ 3,872
7 204 1631 Euclid 2 Yes Yes $ 2,906
8 206 1631 Euclid 1 Yes Yes $ 2,242
9 210 1631 Euclid 2 Yes Yes $ 2,906
10 212 1631 Euclid 1 Yes Yes $ 2,242
11 301 1631 Euclid 1 Yes Yes $ 2,242
12 303 1631 Euclid 3 Yes Yes $ 3,872
13 304 1631 Euclid 2 Yes Yes $ 2,906
14 305 1631 Euclid 2 Yes Yes $ 2,906
15 307 1631 Euclid 2 Yes Yes $ 2,906
16 308 1631 Euclid 1 Yes Yes $ 2,242
17 310 1631 Euclid 2 Yes Yes $ 2,906
18 402 1631 Euclid 3 Yes Yes $ 3,872
19 403 1631 Euclid 3 Yes Yes $ 3,872
20 406 1631 Euclid 1 Yes Yes $ 2,242
21 408 1631 Euclid 1 Yes Yes $ 2,242
22 409 1631 Euclid 0 Yes Yes $ 1,716
23 411 1631 Euclid 0 Yes Yes $ 1,716
24 501 1631 Euclid 1 Yes Yes $ 2,242
25 508 1631 Euclid 1 Yes Yes $ 2,242