Sign Up
PR 26-0677 Legislature · 26th Council Period (2025-2026)

PRG Wonder Plaza Properties Inc. Revenue Bonds Project Approval Resolution of 2026

This bill authorizes the District of Columbia to issue up to $375 million in tax-exempt revenue bonds to help PRG Wonder Plaza Properties Inc. finance a major redevelopment project at Howard University. The funds will be used to purchase a 1.59-acre site, renovate an existing building into a mixed-use facility with student housing, a wellness center, and retail space, and refinance previous development costs. The resolution explicitly states that these bonds are not backed by the District's general tax revenue or credit, meaning the city has no financial obligation if the project fails.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill authorizes $375M in tax-exempt revenue bonds to fund redevelopment, directly advancing fiscal management and public investment.90% confidence ✓ EducationSupports EducationBill funds student housing and wellness facilities at Howard University, directly supporting educational infrastructure and access.75% confidence ✓ HousingSupports HousingBill funds redevelopment into mixed-use facility with student housing, directly advancing housing supply and development.85% confidence
Sub-Topics: Community Development Property Development Higher Education Debt & Bonds Revenue
Bill status signed all 4 stages cleared
Introduction
Apr 2026
Committee Review
Jul 2026
Council Passage
Jul 2026
Signed into Law
Jul 2026
Introduced Apr 24, 2026 Signed Jul 14, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduction → Enrollment · 4 edits
MODERATE
The bill was formally enrolled and adopted by the Council, changing its status from a proposed measure to an official resolution. The text was reorganized to match standard legislative formatting, and a new definition was added to precisely define the 'Main Campus' boundaries of Howard University, which is critical for determining the specific properties covered by the bond financing.
Scope change
The scope of the project is now explicitly defined by the new 'Main Campus' definition, clarifying exactly which university properties are eligible for the bond proceeds.
DEFINITION

Added a detailed definition for 'Main Campus' that lists specific street boundaries and satellite properties to clarify the exact geographic area covered by the resolution.

TECHNICAL

Corrected the spelling of the borrower's name from 'PRO' to 'PRG' and updated the resolution title to match the official citation.

Reorganized the document structure to include enrollment details, page numbers, and standard formatting required for an official enrolled resolution.

Consolidated the definition of 'Issuance Costs' to ensure it comprehensively covers all fees related to the project's development and implementation.

Floor votes · Council Jul 14, 2026

How they voted

12–0
Passed · 1 other
Total votes 13
Jul 14, 2026
D Democratic11
10 Yea 1
90% Yea
I Independent2
2 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
12
Key actions
2
Committee
2
Jul 14, 2026
Council · Passed
Council Vote: pass (12-0-1)
council
Jul 14, 2026
Legislature · Passed
Committee Mark-up of PR26-0677 by the Committee of the Whole
legislature
May 5, 2026
Committee
Referred to Committee of the Whole
legislature
Apr 24, 2026
Introduced
PR26-0677 Introduced by Chairman Mendelson at Office of the Secretary
legislature
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Phil Mendelson
Phil Mendelson
DDemocratic
DC
Chairman