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PR26-0088 • 2025

Local Rent Supplement Contract Number 2025-LRSP-02A with Flats at South Capitol LLC Approval Resolution of 2025

Local Rent Supplement Contract Number 2025-LRSP-02A with Flats at South Capitol LLC Approval Resolution of 2025

Housing
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
at the request of the District of Columbia Housing Authority
Last action
2025-03-14
Official status
Approved
Effective date
Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Approval of Rent Support Agreement for South Capitol Apartments

The bill approves a long-term subsidy contract to support affordable housing units at Flats at South Capitol Apartments in Washington, D.C.

What This Bill Does

  • Approves a 20-year agreement with Flats at South Capitol LLC to provide financial help for affordable housing units.
  • Sets an annual limit of $486,960 for the operating subsidy that will support these units.
  • Requires the Council to send copies of this resolution to the District of Columbia Housing Authority and the Mayor.

Who It Names or Affects

  • Residents who live in affordable housing units at Flats at South Capitol Apartments.
  • Flats at South Capitol LLC, which owns and manages the apartment complex.
  • The District of Columbia Housing Authority and the Mayor's office.

Terms To Know

Subsidy
Money given by a government or organization to support an activity or business.
Affordable housing units
Homes that are priced so people with lower incomes can afford them.

Limits and Unknowns

  • The bill does not specify how the subsidy will be distributed among residents.
  • It is unclear what happens if the annual limit of $486,960 is exceeded in a given year.

Bill History

  1. 2025-03-14 Council of the District of Columbia LIMS

    Resolution R26-0047, Effective from Mar 04, 2025 Published in DC Register Vol 72 and Page 002671

  2. 2025-03-07 Council of the District of Columbia LIMS

    Notice of Intent to Act on PR26-0088 Published in the District of Columbia Register

  3. 2025-03-04 Council of the District of Columbia LIMS

    Retained by the Council with comments from the Committee on Housing

  4. 2025-03-04 Council of the District of Columbia LIMS

    Legislative Meeting

  5. 2025-03-04 Council of the District of Columbia LIMS

    Approved with Resolution Number R26-0047

  6. 2025-02-25 Council of the District of Columbia LIMS

    PR26-0088 Introduced by Chairman Mendelson at Office of the Secretary

Official Summary Text

Local Rent Supplement Contract Number 2025-LRSP-02A with Flats at South Capitol LLC Approval Resolution of 2025

Current Bill Text

Read the full stored bill text 
ENROLLED ORIGINAL

1

A RESOLUTION

26-47

IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

March 4, 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
affordable housing units for Contract No. 2025-LRSP-02A with Flats at South Capitol
LLC for program units at the Flats at South Capitol Apartments located at 3838 South
Capitol Street, SE.

RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
resolution may be cited as the “Local Rent Supplement Program Contract No. 2025-LRSP-02A
with Flats at South Capitol LLC Approval Resolution of 2025”.

Sec. 2. Pursuant to section 451 of the District of Columbia Home Rule Act, approved
December 24, 1973 (87 Stat. 803; D.C. Official Code § 1-204.51), and section 202 of the
Procurement Practices Reform Act of 2010, effective April 8, 2011 (D.C. Law 18- 371; D.C.
Official Code § 2- 352.02), the Council approves Contract No. 2025- LRSP-02A, a long- term
subsidy contract, with Flats at South Capitol LLC to provide an operating subsidy in support
of 22 affordable housing units in an i nitial amount not to exceed $ 486,960 annually.

Sec. 3. Transmittal.
The Council shall transmit a copy of this resolution, upon its adoption, to the District of
Columbia Housing Authority and the Mayor.

Sec. 4. Fiscal impact statement.
The Council adopts the fiscal impact statement of the Chief Financial Officer as the fiscal
impact statement required by section 4a of the General Legislative Procedures Act of 1975,
approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).

Sec. 5. Effective date.
This resolution shall take effect immediately.