Early Childhood Academy Public Charter School Revenue Bonds Project Approval Resolution of 2025

This bill authorizes the District of Columbia to issue up to $15 million in tax-exempt revenue bonds to refinance costs for the Early Childhood Academy Public Charter School. The funds will specifically cover the school’s facility at 885 Barnaby Street SE in Ward 8, including refinancing prior debt used for acquiring and renovating its 37,700-square-foot building, construction costs, and related expenses. The bonds are structured so the District bears no financial liability - proceeds will be loaned directly to the school, and the District won’t use its taxing power or credit. This resolution is procedural, approving the bond issuance under the Home Rule Act without creating new public obligations.