Georgetown University Revenue Bonds Project Emergency Declaration Resolution of 2025

Bond funding for Georgetown University projects

The law lets the District issue up to $675 million in revenue bonds and lend the money to Georgetown University. Georgetown can use it to refund older bonds, including 2010 and 2017 series, and to refinance a 2018 bank loan. It can also pay for campus construction and upgrades, like the Science Center, Law Center, utilities, parking, and technology. Funds may cover working capital, interest on the bonds, hedging and credit costs, reserve deposits, and issuance fees. This emergency measure takes effect immediately and does not change taxes or household benefits.