Assignment, Assumption and Amendment of Long term Subsidy Contract for the Mozart Apartments by and among the District of Columbia Housing Authority, Jubilee Housing Limited Partnership, and Jubilee ADMO Apartments LP Approval Resolution of 2025

This bill approves the transfer of a long-term rental subsidy contract for 14 affordable housing units at the Mozart Apartments (1630 Fuller Street, NW) from Jubilee Housing Limited Partnership to its affiliate Jubilee ADMO Apartments LP, extending the contract by 20 years until 2046. The contract subsidizes rents for extremely low-income residents (earning 0-30% of area median income), including the chronically homeless, elderly, and people with disabilities, as part of the District's Local Rent Supplement Program. The extension allows Jubilee ADMO to secure long-term financing for a moderate rehabilitation of the building while maintaining affordability for current residents. The transfer is permitted under District law without new competitive bidding because Jubilee ADMO is an affiliate of the current owner.