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Quintairos, Prieto, Wood & Boyer, P.A./Wittstadt et als., Trustees 1966 Greenspring Drive, Suite LL2 Lutherville-Timonium, Maryland 21093 (410) 238-2840 SUBSTITUTE TRUSTEES' SALE OF RESIDENTIAL PROPERTY 15512 Empress Way, Bowie, MD 20716 Under a power of sale contained in a certain Deed of Trust from Kim D. Blessman, dated February 10, 2022 and recorded in Liber 47218, Folio 458 among the Land Records of Prince George’s County, Maryland, with an original principal balance of $237,000.00, default having occurred under the terms thereof, the Substitute Trustees will sell at public auction at the Circuit Court for Prince George’s County, in front of the Main Street entrance to the Duval Wing of the Prince George’s County Courthouse Complex, 14735 Main Street, Upper Marlboro, MD 20772, on Tuesday, May 26, 2026 AT 11:30AM ALL THAT FEE-SIMPLE LOT OF GROUND and the improvements thereon situated in Prince George’s County, MD and more fully described in the aforesaid Deed of Trust. The real property is known as 15512 Empress Way, Bowie, MD 20716, Tax ID #07-0684118. Tax Map 0055, Grid 00A3, Parcel 0000. Terms of Sale: The property will be sold “as is” and subject to conditions, restrictions, easements and agreements of record affecting same, if any and with no warranty of any kind. A deposit of $26,000.00 in the form of cash, cashier’s check, certified check, or other form as the Substitute Trustees determine acceptable, is required at the time of auction. Balance of the purchase price to be paid in cash within ten days of final ratification of sale by the Circuit Court for Prince George’s County. At the Substitute Trustees’ discretion, the foreclosure purchaser, if a corporation or LLC, must produce evidence, prior to bidding, of the legal formation of such entity. The purchaser, other than the Holder of the Note, its assigns, or designees, shall pay interest on the unpaid purchase money at the rate of 3% per annum from the date of foreclosure auction to the date funds are received in the office of the Substitute Trustees. In the event settlement is delayed for any reason , there shall be no abatement of interest. Real estate taxes and all other public charges, or assessments, ground rent, or condo/HOA assessments, not otherwise divested by ratification of the sale, to be adjusted as of the date of foreclosure auction and assumed thereafter by the purchaser. Purchaser will take title subject to any private utility water and sewer covenants, and will be responsible for any fees assessed in transferring the account. All private utility water and sewer or front foot benefit charges will be adjusted to the date of sale and assumed thereafter by the Purchaser Cost of all documentary stamps, transfer taxes and settlement expenses, and all other costs incident to settlement, shall be borne by the purchaser. Purchaser shall be responsible for obtaining physical possession of the property. Purchaser assumes the risk of loss or damage to the property from the date of sale forward. TIME IS OF THE ESSENCE. If the purchaser shall fail to comply with the terms of the sale or fails to go to settlement within ten (10) days of ratification of the sale, the Substitute Trustees may, in addition to any other available remedies, declare the entire deposit forfeited and resell the property at the risk and cost of the defaulting purchaser, and the purchaser agrees to pay reasonable attorneys' fees for the Substitute Trustees, plus all costs incurred, if the Substitute Trustees have filed the appropriate motion with the Court to resell the property. Purchaser waives personal service of any paper filed in connection with such a motion on himself and/or any principal or corporate designee, and expressly agrees to accept service of any such paper by regular mail directed to the address provided by said bidder at the time of foreclosure auction. In such event, the defaulting purchaser shall be liable for the payment of any deficiency in the purchase price, all costs and expenses of resale, reasonable attorney's fees, and all other charges due and incidental and consequential damages, and any deficiency in the underlying secured debt. The purchaser shall not be entitled to any surplus proceeds or profits resulting from any resale of the property. If the Substitute Trustees cannot convey insurable title, the purchaser's sole remedy at law or in equity shall be the return of the deposit without interest. The sale is subject to post-sale confirmation and audit of the status of the loan with the loan servicer including, but not limited to, determination of whether the borrower entered into any repayment agreement, reinstated or paid off the loan prior to the sale. In any such event, this sale shall be null and void, and the Purchaser's sole remedy, in law or equity, shall be the return of his deposit without interest. NOTE: The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, the beneficiary of the Deed of Trust, the Substitute Trustee nor his agents or attorneys make any representations or warranties with respect to the accuracy of information. PROSPECTIVE PURCHASERS ARE URGED TO PERFORM THEIR OWN DUE DILIGENCE WITH RESPECT TO THE PROPERTY PRIOR TO THE FORECLOSURE AUCTION. For additional information, please contact the Substitute Trustees. Mark H. Wittstadt, Gerard F. Miles, Jr., and Cole Luthy, Substitute Trustees Tidewater Auctions, LLC PO Box 9, Phoenix, MD 21131 410-825-2900 www.tidewaterauctions.com Washington Times, 5/11, 5/18, 5/25 AD#101914

ORDER OF PUBLICATION Commonwealth of Virginia VA. CODE § 8.01-316 PRINCE WILLIAM JUVENILE AND DOMESTIC RELATIONS DISTRICT COURT Case No: JJ165489-01-00 Commonwealth of Virginia, in re MOLINA-DIAZ, ISIS JASMIN The object of this suit is to: OBTAIN CUSTODY OF MINOR CHILD It is ORDERED that JOSE EFRAIN MOLINA PATERO appear at the above-named Court and protect his or her interests on or before June 12, 2026 11:00 AM. DATE: April 6, 2026 BJ CLERK April 29, 2026 May 6, 13, 20, 2026 AD#101868

Trustee's Sale 1407 G Street, Woodbridge, Virginia 22191 (Account No.: 220886; Tax Map No.: 8392-76-8988) Default having been made in the terms of a certain Deed of Trust dated July 31, 2018, in the original principal amount of $70,000.00 and recorded in the Clerk's Office of the Circuit Court of the County of Prince William, Virginia in Instrument No. 201808140059811, incorporating terms from the Master Deed of Trust, recorded on January 24, 2007 as Instrument Number 200701240010686, the undersigned Substitute Trustees will sell at public auction on May 15, 2026, at 1:00 PM in front of the building housing the Prince William County Circuit Court , 9311 Lee Avenue, Manassas, VA 20110, the property designated as Lot 8, in Block 6, BOTTS SUBDIVISION, platted and recorded in Deed Book 121, Page 220, among the land records of Prince William County, Virginia. Sale is subject to all prior liens, easements, restrictions, covenants, and conditions, if any, of record, or other matters which would be disclosed by an accurate survey or inspection of the premises. TERMS: CASH. A deposit of $7,000.00 or 10% of the sale price, whichever is lower, will be required of the successful bidder at time of sale. Prior to the sale, interested bidders will be required to register with and must present a bid deposit which may be held during the sale by the trustee. The bid deposit must be certified funds and/or cash, but no more than $9,900.00 of cash will be accepted. The successful bidder’s deposit will be retained at the sale and applied to the sale price. If held by the trustee, all other bid deposits will be returned to the unsuccessful bidders. Settlement is to be made within 15 calendar days. The successful bidder will be responsible for obtaining possession of the property, and for all costs and fees related to recording the Trustee’s Deed, including the grantors tax. The successful bidder will be required to execute a Memorandum of Trustee's Sale, available for review on the Foreclosure Sales page of www.glasserlaw.com, outlining additional terms of sale and settlement. A Trustee’s Deed will be prepared by Trustee’s attorney at high bidder’s expense. This is a communication from a debt collector, Glasser and Glasser, P.L.C. on behalf of Atlantic Trustee Services, L.L.C., and/or REO Solutions, LLC, and/or NFPDS-VA LLC, Substitute Trustees, Crown Center Building, Suite 600, 580 East Main Street, Norfolk, VA 23510, File No. 239517-03, Tel: (757) 321-6465, between 10:00 a.m. & 12:00 noon only. Run Dates: April 17th , 2026 April 24th, 2026 AD#100745

Law Offices of Jeffrey Nadel 4041 Powder Mill Road, Suite 200 Calverton, Maryland 20705 240-473-5000 SUBSTITUTE TRUSTEES' SALE OF REAL PROPERTY 12410 Gladys Retreat Circle Bowie, MD 20720 Under a power of sale contained in a certain Deed of Trust from George D. Patterson and Michelle A. Thomas, dated January 25, 2005, and recorded in Liber 21889, Folio 526 among the Land Records of Prince George’s County, MD, default having occurred under the terms thereof, the Substitute Trustee will sell at public auction at Circuit Court for Prince George’s Co., 14735 Main St., Upper Marlboro, MD, Duval Wing entrance, located on Main St. on May 26, 2026 at 11:30 AM ALL THAT FEE SIMPLE LOT OF GROUND KNOWN AS Unit No. 9, Phase 7, Bldg. 4, Retreat at Fairwood Townhome Condominium, situated in Prince George’s County, MD and more fully described in the aforesaid Deed of Trust, carrying Tax ID No. 07-3650686. The property will be sold in an “as is” condition and subject to conditions, restrictions, agreements, easements, covenants and rights of way of record affecting the same, if any, and with no warranty of any kind. SOLD SUBJECT TO a 120 day IRS right of redemption. Terms of Sale: A deposit of $47,000.00 will be required at the time of sale in the form of cash (under $10,000.00), certified check, or other form as the Substitute Trustees determine acceptable. No deposit shall be required of the noteholder where the noteholder bids in the property at auction. Balance of the purchase price to be paid in cash within ten days of final ratification of sale by the Circuit Court for Prince George’s County, time being of the essence for purchaser. In the event that settlement does not occur within the said ten days, the purchaser shall be in default. Upon such default the Trustees may file a Motion and Order to Resell the property at the risk and expense of the defaulting purchaser, and purchaser(s) hereby consent to entry of such resale order without further notice, in which case the deposit shall be forfeited and all expenses of this sale (including attorney’s fees and the full commission on the gross sale price of this sale) shall be charged against and paid out of the forfeited deposit. The Trustees may then readvertise and resell the property at the risk and cost of the defaulting purchaser; or, without reselling the property, the Trustees may avail themselves of any legal or equitable remedies against the defaulting purchaser. In the event of a resale, the defaulting purchaser shall not be entitled to receive the surplus, if any, even if such surplus results from improvements to the property by said defaulting purchaser. Interest to be paid on the purchase money less the stated deposit called for herein, at the rate pursuant to the Deed of Trust Note from the date of auction to the date funds are received in the office of the Substitute Trustee. There shall be no abatement of interest due from the purchaser in the event additional funds are tendered before settlement or if settlement is delayed for any reason, including but not limited to exceptions to sale, bankruptcy filings by interested parties, Court administration of the foreclosure or unknown title defects. All taxes, ground rent, water rent, condominium fees and/or homeowner association dues, all public charges/assessments payable on an annual basis, including sanitary and/or metropolitan district charges, if applicable, are to be adjusted to the date of auction and thereafter are to be assumed by the purchaser. Cost of all documentary stamps, transfer taxes, agricultural transfer tax, if any and settlement expenses shall be borne by the purchaser. Purchaser shall be responsible for obtaining physical possession of the property. Purchaser assumes the risk of damage to the property from the date of auction forward. If the Substitute Trustee does not convey title for any reason, including but not limited to the Secured Party executing a forbearance agreement with the borrower(s) described in the above-mentioned Deed of Trust, or allowing the borrower(s) to execute their right to reinstate or payoff the subject loan, prior to the sale, with or without the Substitute Trustee’s prior knowledge, or if the sale is not ratified for any reason including errors made by the Substitute Trustees, the foreclosure sale shall be null and void and of no effect, and the Purchaser’s sole remedy in law or in equity shall be the return of the deposit without interest. Further terms and particulars may be announced at time of sale, and purchaser may be required to execute a Memorandum of Sale at the time of auction. (Matter #22743) Jeffrey Nadel and Scott Nadel, Substitute Trustees Tidewater Auctions, LLC P.O. Box 9, Phoenix, MD 21131 410-825-2900 Washington Times, 5/11, 5/18, 5/25 AD#102225

LEGAL PUBLICATION Pursuant to D.C. Code § l-1001.16(d)(2)(B)(ii), which provides that the D.C. Board of Elections shall “[s]ubmit the summary statement, short title, legislative form, and, if the measure is an initiative measure, the fiscal impact statement, to … [a]t least one newspaper of general circulation in the District[,], the Board hereby publishes the aforementioned formulations as follows, as well as the fiscal impact statement issued concerning Initiative Measure No. 88, the “The Rent Control and Housing Eligibility Adjustment Amendment Act of 2026.” INITIATIVE MEASURE No. 88 SHORT TITLE The Rent Control and Housing Eligibility Adjustment Amendment Act of 2026 SUMMARY STATEMENT If enacted, this Initiative would freeze rents for two years upon its effective date and in future periods of high inflation; reduce the maximum permitted total rent increase for rent controlled units to 5%; realign certain D.C. affordable housing programs with an upper eligibility threshold of 60% of the Area Median Income; redefine affordable housing requirements to include a mix of studio, one, two, three, and four bedroom units; and revise affordable housing requirements for land sold or leased by the D.C. government. This Initiative will not be implemented unless the Council appropriates funds for any costs. LEGISLATIVE TEXT BE IT ENACTED BY THE ELECTORS OF THE DISTRICT OF COLUMBIA, That this act may be cited as the “DC Housing Modernization and Accessibility Act of 2026”. Sec. 2. Title II of the Rental Housing Act of 1985, effective July 17, 1985 (D.C. Law 6- 10; D.C. Official Code § 42-3502.01 et seq.), is amended as follows: (a) Section 208(h) (D.C. Official Code § 42-3502.08(h) is amended to read as follows: “(h) Unless the adjustment in the amount of rent charged is implemented pursuant to sections 210, 211, 212, 214, or 215, an adjustment in the amount of rent charged: “(1) If the unit is vacant, shall not exceed the amount permitted under section 213(a); or “(2) If the unit is occupied: “(A) Shall not exceed the current allowable amount of rent charged for the unit, plus the adjustment of general applicability plus 2%, taken as a percentage of the current allowable amount of rent charged; provided, that the total adjustment shall not exceed 6%; “(B) Shall be pursuant to section 224, if occupied by an elderly tenant or tenant with a disability; and “(C) Shall not exceed the lesser of 5% or the adjustment of general applicability if the unit is leased or co-leased by a home and community-based services waiver provider.”. (b) A new section 225 is added to read as follows: “Section 225. Temporary rent freeze during certain periods. “(a) Notwithstanding any other provision of this act, the rent for any rental unit shall not be increased during the period from and including the effective date of this section through and including the second anniversary thereof. “(b) Notwithstanding any other provision of this act, if during any 12-month period subsequent to the period described in subsection (a), the percentage increase in the Consumer Price Index for All Urban Consumers (CPI-U) for the Washington-Arlington-Alexandria DCVA­ MD-WV Metropolitan Statistical Area, as published by the Bureau of Labor Statistics, is greater than 5%, then the rent for any rental unit shall not be increased at any time during the subsequent 12-month period. “(c) Any rent increase that would become effective during any period described in subsection (a) or subsection (b) shall not become effective regardless of when notice of such rent increase is sent to the tenant of any rental unit. “(d) This section shall not apply to: “(1) Any rental unit owned by, or leased to any person by, the District of Columbia Housing Authority or any other agency, department, or instrumentality of the District; or “(2) Any rental unit owned by, or leased to any person by, any agency, department or instrumentality of the United States.”. Sec. 3. The electors of the District of Columbia call upon the Council of the District of Columbia to amend section 2 of the Housing Production Trust Fund Act of 1988, effective March 16, 1989 (D.C. Law 7-202; D.C. Official Code § 42-2801), as follows: (a) Amend paragraph (2A) to read as follows: “(2A) “Eligible household” means a household that, at the time of lease-up or rental of a qualified rental housing unit, had total annual income at or below 45% of the area median income, or at the time of purchase of a qualified for-sale housing unit, had total annual income at or below 60% of the area median income; provided, that the annual incomes of eligible households assisted through an allocation of proceeds from the Housing Production Trust fund shall not exceed 60% of the area median income.” (b) Amend paragraph (3) to read as follows “(3) “Extremely low-income” means a household income that is less than or equal to 15% of the area median income.”. (c) Amend paragraph (6) to read as follows: “(6) “Low-income” means a household income that is more than 30% and less than or equal to 45% of the area median income.”. (d) Amend paragraph (7) to read as follows: “(7) “Moderate income” means a household income that is more than 45% and less than or equal to 60% of the area median income.”. (e) Amend paragraph (9A) to read as follows: “(9A) “Very low-income” means a household income that is more than 15% and less than or equal to 30% of the area median income.”. Sec. 4. Section 2(4) of the Affordable Housing Clearinghouse Directory Act of 2008, effective August 15, 2008 (D.C. Law 17-215; D.C. Official Code § 42-2131(4)), is amended to read as follows: “(4) “Affordable housing unit” means a dwelling unit that is offered for residential occupancy and is made available to, and affordable to, a household whose total household income is equal, to or less than, 45% of the area median income for rental units and 60% of the area median income for sale and ownership units, as a result of a federal or District subsidy.”. Sec. 5. Section 2 of An Act Authorizing the sale of certain real estate in the District of Columbia no longer required for public purposes, effective August 5, 1939 (53 Stat. 211; D.C. Official Code § 10-801), is amended as follows: (a) Subsection (b-3) is amended as follows: (1) Paragraph (1) is amended to read as follows: “(b-3)(1) If a proposed disposition of real property will result in the development of multifamily residential property consisting of 5 or more units (“multifamily units”), the following requirements shall apply: “(A) At least 2/3 of the multifamily units shall be dedicated as affordable housing; “(B) At least 1/4 of the multifamily units shall consist of units with 2 or more bedrooms, and 1/4 shall consist of units with 3 or more bedrooms; and “(C) The multifamily units dedicated as affordable housing pursuant to this subsection shall continue to be dedicated as affordable housing for the life of the ground lease if the land disposition is by ground lease, or shall remain affordable housing units in perpetuity, secured by a covenant running with the land. “(D) Repealed.”. (2) Paragraph (2) is amended to read as follows; “(2) The units dedicated as affordable housing pursuant to subparagraphs (A) and (B) of this paragraph shall be made available at the following affordability levels: “(A) In the case of affordable rental units, at least 1/4 of the units shall be housing for which an extremely low-income household will pay no more than 30% of its income toward housing costs, 1/4 of the units shall be housing for which a very low-income household will pay no more than 30% of its income toward housing costs, 1/4 of the units shall be housing for which a low-income household will pay no more than 30% of its income toward housing costs, and the remainder shall be housing for which a moderate-income household will pay no more than 30% of its income toward housing costs. “(B) In the case of affordable ownership units, 1/2 of the units shall be housing for which a low-income household will pay no more than 30% of its income toward housing costs and the remainder of any such ownership units shall be housing for which a moderate income household will pay no more than 30% of its income toward housing costs.”. (3) Paragraphs (4), (6), and (7) are repealed. (b) Subsection (n) is amended as follows: (1) Paragraph (3) is amended to read as follows: “(3) “Low-income household” means a household consisting of one or more persons with a total household income that is more than 30% and less than or equal to 45% of the area median income.”. (2) Paragraph (4) is amended to read as follows: “(4) “Moderate-income household” means a household consisting of one or more persons with total household income more than 45% and less than or equal to 60% of the area median income.”. (3) Paragraph 5 is amended to read as follows: “(5) “Very low-income household” means a household consisting of one or more persons with total household income more than 15% and less than or equal to 30% of the area median income.”. (4) A new paragraph 6 is added to read as follows: “‘(6) “Extremely low-income household” means a household consisting of one or more persons with total household income less than or equal to 15% of the area median income.”. Sec. 6. Section 2092 of the Department of Housing and Community Development Comprehensive Tracking Plan for Affordable Housing Inventory Act of 2012, effective September 20, 2012 (D.C. Law 19-168; D.C. Official Code § 42-2141), is amended as follows: (a) Paragraph (1) is amended to read as follows: “(1) “Affordable housing unit” means a unit of housing that is offered for rent or for sale for residential occupancy and as a result of a federal or District subsidy is made available and affordable to households whose income levels are less than or equal to 60% of the area median income.”. (b) Paragraph (3) is amended to read as follows: “(3) “Extremely low-income household” means a household with total household income equal to or less than 15% of the area median income.”. (c) Paragraph (5) is amended to read as follows: “(5) “Low -income household” means a household with a total household income that is more than 30% and less than or equal to 45% of the area median income.”. (d) Subsection (6) is amended to read as follows: “(6) “Very low-income household” means a household with total household income more than 15% and less than or equal to 30% of the area median income.”. Sec. 7. Section 102(d) of the Workforce Housing Production Program Approval Act of 2006, effective March 14, 2007 (D.C. Law 16-278; D.C. Official Code § 6-1061.02(d)), is amended to read as follows: “(d)(1) The land trust shall develop units affordable to households not to exceed 60% of AMI. “(2) The land trust’s portfolio shall have an average not to exceed 50% of AMI. “(3) The portfolio average requirement shall be evaluated for compliance on an annual basis, beginning 12 months after March 14, 2007.”. Sec. 8. Section 202(8) of the New Town at Capital City Market Revitalization Development and Public/Private Partnership Act of 2006, effective March 14, 2007 (D.C. Law 16-278; D.C. Official Code § 6-1062.02(8)), is amended to read as follows: “(8) “Workforce housing” means housing units set aside for eligible renters or purchasers as defined the appropriate agency of the District of Columbia and who are at 45% to 60% of the Area Median Income.”. Sec. 9. Section 2092 of the Reentry Housing and Services Program Act of 2021, effective November 13, 2012 (D.C. Law 24-45; D.C. Official Code § 42-2231), is amended as follows: (a) Paragraph (3) is amended to read as follows: “(3) “Extremely low-income” means having a household income equal to 15% or less of the area median income.”. (b) Paragraph (5) is amended to read as follows: “(5) “Low-income” means having a household income that is more than 30% and less than or equal to 45% of the area median income.”. (c) Paragraph (11) is amended to read as follows: “(11) “Very low-income” means having a household income that is more than 15% and less than or equal to 30% of the area median income.”. Sec. 10. Applicability. (a) The provisions of this act with any fiscal effect shall apply upon the date of inclusion of the fiscal effect in an approved budget and financial plan. (b) The Chief Financial Officer shall certify the date of the inclusion of the fiscal effect in an approved budget and financial plan, and provide notice to the Budget Director of the Council of the certification. (c)(1) The Budget Director shall cause the notice of the certification to the published in the District of Columbia Register. (2) The date of publication of the notice of the certification shall not affect the applicability of this act. Sec 11. Effective date. This act shall take effect after a 30-day period of congressional review as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 813; D.C. Official Code§ l-206.02(c)(1)), and publication in the District of Columbia Register. MEMORANDUM TO: The Honorable Phil Mendelson Chairman, Council of the District of Columbia FROM: Glen Lee Chief Financial Officer DATE: May 6, 2026 SUBJECT:Fiscal Impact Statement – DC Housing Modernization and Accessibility Act of 2026 REFERENCE:Proposed Initiative as provided to the Office of Revenue Analysis on April 14, 2026 _____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Conclusion Funds are not sufficient in the proposed revised fiscal year 2026 budget and proposed fiscal year 2027 through fiscal year 2030 budget and financial plan to implement the initiative. The initiative will reduce projected revenues by $1.4 million in fiscal year 2028 and $23.0 million over the four-year financial plan. Background The proposed initiative amends the Rental Housing Act of 1985 to prohibit any rent increase for a rental unit in the District for two years upon the initiative’s enactment. After the initial two-year period, if inflation is greater than six percent in any future 12-month period, the initiative prohibits a rent increase for one year. These rent freezes must be implemented by housing providers regardless of whether a tenant has been notified of a rent increase. The rent freezes do not apply to any unit owned or leased by the District government, the District of Columbia Housing Authority, or the United States government. Second, the proposed initiative amends the District’s rent stabilization laws 1 to reduce the percentage that rent can be increased on an occupied unit from a maximum of 10 2 percent to 6 percent. Third, the proposed initiative changes the definitions of affordability required for future grants and loans provided through the Housing Production Trust Fund 3 . The maximum income allowed to rent a qualified unit is reduced from 120 percent of Area Median Income (“AMI”) to 45 percent, and purchasers of qualified units must have an income at or below 60 percent of AMI 4 . The maximum household income defined as “extremely low income” 5 is reduced from 30 percent of AMI to 15 percent. Allowable household income defined as “very low income” 6 is reduced from a range of greater than 30 percent to 45 percent of AMI to a range of greater than 15 percent to 30 percent. Allowable household income defined as “low income” 7 is reduced from a range of greater than 50 percent to 80 percent of AMI to a range of greater than 30 to 45 percent. Allowable household income defined as “moderate income” 8 is reduced from a range of greater than 50 to 80 percent of AMI to a range of more than 45 percent to 60 percent. The initiative also changes the Reentry Housing and Services Program 9 thresholds to align with the new HPTF definitions. The initiative reduces the affordability thresholds for the Workforce Housing Land Trust Program 10 (“Program”), reducing the maximum allowable income eligibility from 120 percent of AMI to 60 percent. It also reduces the average income the entire portfolio the Program can have from 80 percent of AMI to 50 percent. The initiative reduces the eligibility threshold ranges for units at the New Town at Capital City Market Development 11 from 50 to 120 percent of AMI to 45 to 60 percent. Lastly, the initiative changes affordability requirements when disposing of District properties for the development of housing. Under current law, disposition of District property for a multifamily housing development with 10 or more units is subject to certain affordability requirements 12 . The initiative reduces the number of units that will trigger affordability requirements from 10 to five units. Additionally, the initiative increases the number of units that must be affordable from 30 percent to two-thirds of the development; 25 percent of the units are required to have two or more bedrooms, and 25 percent must have three or more bedrooms. The initiative eliminates the Mayor’s authority to waive 13 or reduce 14 the affordable housing requirements. Financial Plan Impact Funds are not sufficient in the proposed revised fiscal year 2026 budget and proposed fiscal year 2027 through fiscal year 2030 budget and financial plan to implement the initiative. The initiative will reduce projected revenues by $1.4 million in fiscal year 2028 and $23.0 million over the four-year financial plan. The two-year freeze on rent will reduce the rental income of housing providers beginning tax year 2027, and in turn decrease unincorporated business tax revenue collections by $1.4 million in fiscal year 2028, and $9.7 million in fiscal year 2029. Rent is assumed to return to the level supported by market demand after tax year 2028, so there is no projected income tax impact in fiscal year 2030. Because operating income is used in the process of multifamily property valuation, assessments and real property tax collections for multifamily properties will also be lower than currently estimated. Based on the timing of receiving a property’s income and expense reports and when the District finalizes assessed values, a rent freeze in 2027 and 2028 will impact real property tax revenue in fiscal years 2029 and 2030. Real property tax collections will be $2.7 million lower in fiscal year 2029, and $11.8 million over the four-year financial plan, including $11.5 million in local revenue and $274,000 in dedicated revenue. Current forecasts for inflation do not exceed five percent in the financial plan period, so the initiative’s provision limiting rent growth if the Consumer Price Index exceeds six percent does not have an impact on tax collections during the financial plan period. The initiative’s adjustments to affordability thresholds for housing developments funded using assistance from the Housing Production Trust Fund may affect the structure of future development projects and may require a higher level of grants for development to be feasible. However total spending on projects from the Housing Production Trust Fund cannot exceed amounts in an approved budget and financial plan. Similarly, limitations on disposition of District property may alter future developments, but do not have an impact on the current budget and financial plan. <p style="margin: 0px; text-al