Approval of a long-term subsidy contract for affordable housing units in Washington, DC.

The District of Columbia Council approves a long-term subsidy contract with 2229 M Street NE Owner, LLC to provide affordable housing and permanent supportive housing units for extremely low-income families and individuals with disabilities. The contract, part of the Local Rent Supplement Program, will support 24 units at 2229 M Street, NE, with an annual subsidy of up to $615,228. The project aims to house extremely low-income households and meets the District's goals for affordable housing.

Approval of a long-term subsidy contract for affordable housing units in Washington, DC.

The District of Columbia Council approves a long-term subsidy contract with 2229 M Street NE Owner, LLC to provide affordable housing and permanent supportive housing units for extremely low-income families and individuals with disabilities. The contract, part of the Local Rent Supplement Program, will support 24 units at 2229 M Street, NE, with an annual subsidy of up to $615,228. The project aims to house extremely low-income households and meets the District's goals for affordable housing.