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 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-02A with Flats at South Capitol
LLC for program units at the Flats at South Capitol Ap artments 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 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-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 initial 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.