ENROLLED ORIGINAL 1 A RESOLUTION 26-46 IN THE COUNCIL OF THE DISTRICT OF COLUMBIA March 4, 2025 To approve an agreement to enter into a long-term subsidy c ontract for 20 y ears in support of the District’s Local Rent Supplement Program to fund housing costs associated with affordable housing units for Contract No. 2025 -LRSP-01A with 2151 California Associates LLC for program units at The Bobbi located at 2151 California Street , NW. RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBI A, That this resolution may be cited as the “Local Rent Supplement Program Contract No. 2025- LRSP-01A with 2151 California Associates LLC Approval Resolution of 2025” . Sec. 2. Pursuant to section 451 of the District of Columbia Ho me 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-01A, a long- term subsidy contract, with 2151 California Associates LLC to provide an operating subsidy in support of 3 affordable housing units in an initial amount not to exceed $125,400 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.