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D.C. Code § 47-4657

The Elizabeth Ministry, Inc. Affordable Housing Initiative; Lots 140 and 141, Square 5252.

Official textus-dc/statcode.dccouncil.gov
Summarize

# (a)

The real property described as Lots 140 and 141 in Square 5252, shall be exempt from the taxation imposed under Chapter 8 of this title during the time that the real property is subject to, and in compliance with, a restrictive covenant or regulatory agreement associated with an affordable housing program that is fully or partially funded by the District or an instrumentality of the District, including the Department of Housing and Community Development, restricting the use of the real property to affordable housing for low-income residents and a child development center; provided, that at the beginning of the 31st real property tax year following the commencement of the exemption, the tax shall be abated to the extent it exceeds 10% of the tax otherwise levied under Chapter 8 of this title, with the tax liability increasing 10 percentage points in each subsequent real property tax year until the tax equals 100% of the tax levied under Chapter 8 of this title.

# (b)

The exemption provided by subsection (a) of this section shall be subject to §§ 47-1005, 47-1007, and 47-1009 as if it had been granted administratively.

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

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In this chapter (40 sections)
  1. 47-4638 · 2323 Pennsylvania Avenue, S.E., redevelopment project.
  2. 47-4639 · King Towers residential housing rental project; Lot 49,…
  3. 47-4640 · Payments in lieu of taxes, Center Leg Freeway (Interstate…
  4. 47-4641 · Allen Chapel A.M.E. Senior Residential Rental Project; Lots…
  5. 47-4642 · St. Paul Senior Living at Wayne Place; Lot 0045, Square 6118.
  6. 47-4643 · 800 Kenilworth Avenue Northeast redevelopment project.
  7. 47-4644 · Thirteenth Church of Christ real property tax relief.
  8. 47-4645 · [Reserved].
  9. 47-4646 · NCBA Housing Development Corporation of the District of…
  10. 47-4647 · 1029 Perry Street, N.E.; Lots 20 and 842, Square 3883.
  11. 47-4648 · Abatement of real property taxes for 2 M Street, N.E.
  12. 47-4649 · Abatement of real property taxes for 4427 Hayes Street, N.E.
  13. 47-4650 · International House of Pancakes Restaurant #3221 Tax…
  14. 47-4650.01 · Father & Sons, LLC; Lot 819, Square 5912.
  15. 47-4651 · Central Union Mission; Lots 825, 826, 830, and 831, Square…
  16. 47-4652 · Abatement of real property taxes for Adams Morgan Hotel.
  17. 47-4653 · Universal Holiness Church property tax relief.
  18. 47-4654 · Beulah Baptist Church, Dix Street Corridor Senior Housing LP,…
  19. 47-4655 · The Washington Ballet, Lot 19, Square 1911.
  20. 47-4656 · Abatement of real property taxes for Howard Town Center.
  21. 47-4657 · The Elizabeth Ministry, Inc. Affordable Housing Initiative;…
  22. 47-4658 · Lot 72, Square 5041 and Lot 811, Square 5056.
  23. 47-4659 · The Israel Senior Residences, Lot 60, Square 3848.
  24. 47-4660 · GALA Hispanic Theatre; Lot 79, Square 2837.
  25. 47-4661 · Tibetan community property; Lot 30, Square 139.
  26. 47-4662 · Historic Music Cultural Institutions.
  27. 47-4663 · Soccer Stadium tax abatements.
  28. 47-4664 · Whitman-Walker Clinic, Inc.; Lot 129, Square 241.
  29. 47-4665 · Creative and Open Space Modernization tax rebate.
  30. 47-4665.01 · The Advisory Board Company — definitions.
  31. 47-4665.02 · The Advisory Board Company — tax abatement.
  32. 47-4665.03 · The Advisory Board Company — compliance.
  33. 47-4665.04 · The Advisory Board Company — community benefits.
  34. 47-4665.05 · The Advisory Board Company — certification by the Mayor.
  35. 47-4665.06 · EAB Global, Inc. real property tax abatement.
  36. 47-4666 · International Spy Museum; Lot 7006, Square 387.
  37. 47-4667 · East End grocery and retail incentive tax exemption.
  38. 47-4668 · BID corporation – tax exemptions.
  39. 47-4669 · Columbian Quarter Local Jobs and Tax Reduction Incentive.
  40. 47-4670 · Chemonics International real property tax abatement.
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