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Council backs multiple revenue‑bond declarations to finance housing rehabilitation and nonprofit headquarters

5760546 · July 2, 2025
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Summary

The Council approved several emergency declarations and related resolutions authorizing revenue bonds for economic development and affordable housing: a $37.5 million authorization connected to the USBC headquarters campus, an up-to-$700 million authorization to support DC Housing Solutions Inc. renovation of roughly 3,500 units across multiple

The Committee approved several emergency revenue‑bond declarations and forwarded underlying resolutions to the Council’s legislative agenda.

Council member Kenyon McDuffie presented multiple measures at the request of the Mayor: a proposed issuance not to exceed $37.5 million to finance the acquisition and…

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