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D.C. Code § 47-4648

Abatement of real property taxes for 2 M Street, N.E.

Official textus-dc/statcode.dccouncil.gov
Summarize

# (a)

Beginning October 1, 2014, the tax imposed by Chapter 8 of this title on the real property described as Lot 258, Square 672, and any improvements thereon, shall be abated for 10 years; provided, that:

# (1)

The aggregate amount of the abatement shall not exceed $5.76 million; and

# (2)

The Federal Housing Administration shall have approved an application for mortgage insurance under section 221(d)(4) of the National Housing Act, approved August 2, 1954 (68 Stat. 599; 12 U.S.C. § 1715 (d)(4)), for the financing of the acquisition or construction of land improvements for the 2 M Street, N.E., project.

# (b)

The owner of the real property shall certify to the Office of Tax and Revenue that the project’s application for mortgage insurance has been approved and shall inform the Office of Tax and Revenue if approval has been withheld.

Source: official DC Code section page (code.dccouncil.gov)

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In this chapter (40 sections)
  1. 47-4628 · The Heights on Georgia Avenue; Lots 98, 903, 904, 908, and…
  2. 47-4629 · Park Place at Petworth, Highland Park, and Highland Park…
  3. 47-4630 · Tax abatements for high technology commercial real estate…
  4. 47-4631 · OTO Hotel at Constitution Square Project—tax exemptions.
  5. 47-4632 · Campbell Heights project; Lot 0207, Square 0204.
  6. 47-4633 · Jubilee Housing residential rental project; Lot 863 in Square…
  7. 47-4634 · Third & H Streets, N.E. development project—tax exemptions.
  8. 47-4635 · UNCF — 10-year real property tax abatement.
  9. 47-4636 · First Congregational United Church of Christ property tax…
  10. 47-4637 · The Pew Charitable Trusts — 30-year limited real property tax…
  11. 47-4638 · 2323 Pennsylvania Avenue, S.E., redevelopment project.
  12. 47-4639 · King Towers residential housing rental project; Lot 49,…
  13. 47-4640 · Payments in lieu of taxes, Center Leg Freeway (Interstate…
  14. 47-4641 · Allen Chapel A.M.E. Senior Residential Rental Project; Lots…
  15. 47-4642 · St. Paul Senior Living at Wayne Place; Lot 0045, Square 6118.
  16. 47-4643 · 800 Kenilworth Avenue Northeast redevelopment project.
  17. 47-4644 · Thirteenth Church of Christ real property tax relief.
  18. 47-4645 · [Reserved].
  19. 47-4646 · NCBA Housing Development Corporation of the District of…
  20. 47-4647 · 1029 Perry Street, N.E.; Lots 20 and 842, Square 3883.
  21. 47-4648 · Abatement of real property taxes for 2 M Street, N.E.
  22. 47-4649 · Abatement of real property taxes for 4427 Hayes Street, N.E.
  23. 47-4650 · International House of Pancakes Restaurant #3221 Tax…
  24. 47-4650.01 · Father & Sons, LLC; Lot 819, Square 5912.
  25. 47-4651 · Central Union Mission; Lots 825, 826, 830, and 831, Square…
  26. 47-4652 · Abatement of real property taxes for Adams Morgan Hotel.
  27. 47-4653 · Universal Holiness Church property tax relief.
  28. 47-4654 · Beulah Baptist Church, Dix Street Corridor Senior Housing LP,…
  29. 47-4655 · The Washington Ballet, Lot 19, Square 1911.
  30. 47-4656 · Abatement of real property taxes for Howard Town Center.
  31. 47-4657 · The Elizabeth Ministry, Inc. Affordable Housing Initiative;…
  32. 47-4658 · Lot 72, Square 5041 and Lot 811, Square 5056.
  33. 47-4659 · The Israel Senior Residences, Lot 60, Square 3848.
  34. 47-4660 · GALA Hispanic Theatre; Lot 79, Square 2837.
  35. 47-4661 · Tibetan community property; Lot 30, Square 139.
  36. 47-4662 · Historic Music Cultural Institutions.
  37. 47-4663 · Soccer Stadium tax abatements.
  38. 47-4664 · Whitman-Walker Clinic, Inc.; Lot 129, Square 241.
  39. 47-4665 · Creative and Open Space Modernization tax rebate.
  40. 47-4665.01 · The Advisory Board Company — definitions.
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