Authorizes the Mayor to acquire six lots near 5760 Georgia Avenue, N.W., facing foreclosure, using $2.8 million from the Contingency Cash Reserve.
The Georgia Avenue Acquisition Authority Emergency Act of 2025 authorizes the Mayor of the District of Columbia to acquire six lots near 5760 Georgia Avenue, N.W., which are facing foreclosure. The expected purchase price is $2.8 million, and the Mayor has requested to use the District’s Contingency Cash Reserve Fund for the purchase. The funding has been allocated in the budget for the Deputy Mayor for Affairs from the Department of Planning and Economic Development. The Office of the Attorney General has reviewed the bill and found it to be legally sufficient.
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