D.C. Code § 47-4808
Expiration of credits.
Except for unused credits carried forward pursuant to § 47-4803(c) and for credits claimed under regulations promulgated by the Department consistent with the special rule set forth in section 42(f)(2) of the 1986 Internal Revenue Code , as amended and in effect for the taxable year, a project shall not be eligible for any District of Columbia low-income housing tax credits for more than 11 taxable years.
Source: official DC Code section page (code.dccouncil.gov)
In this chapter (11 sections)
- 47-4801 · Definitions.
- 47-4802 · Credit established.
- 47-4803 · Eligibility.
- 47-4804 · Recapture.
- 47-4805 · Additional filings.
- 47-4806 · Transfer, sale, assignment, or allocation.
- 47-4807 · Compliance.
- 47-4808 · Expiration of credits.
- 47-4809 · Efficiency.
- 47-4810 · Fees.
- 47-4812 · Rules.