The bill approves the assignment and extension of a long-term subsidy contract for the Fuller Apartments.

The bill approves the assignment, assumption, and extension of a long-term subsidy contract for the Fuller Apartments by the District of Columbia Housing Authority, Jubilee Housing, and Jubilee ADMO. Jubilee Housing will assign the contract to Jubilee ADMO, who will assume it as the successor-in-interest. The contract will be extended for twenty years to continue providing an operating subsidy for seven affordable housing units at Fuller Apartments. The resolution takes effect immediately upon approval.

The bill approves the assignment and extension of a long-term subsidy contract for the Fuller Apartments.

The bill approves the assignment, assumption, and extension of a long-term subsidy contract for the Fuller Apartments by the District of Columbia Housing Authority, Jubilee Housing, and Jubilee ADMO. Jubilee Housing will assign the contract to Jubilee ADMO, who will assume it as the successor-in-interest. The contract will be extended for twenty years to continue providing an operating subsidy for seven affordable housing units at Fuller Apartments. The resolution takes effect immediately upon approval.