Partnertax.ai Start free trial

D.C. Code § 47-860.02a

Tax abatements for housing in downtown – Exemptions.

Official textus-dc/statcode.dccouncil.govlast amended
Summarize

# (a)

Each property for which the Mayor has approved a tax abatement under § 47-860.02(a)(8) shall be:

# (1)

Exempt from the requirement to enter into a First Source Agreement as to the construction and development phases of the project; and

# (2)

For the first sale within 10 years after a certificate of occupancy has been issued for the property, exempt from the requirements of [s]ubchapter IV of Chapter 34 of Title 42 ("TOPA").

# (b)

Before an individual enters into a lease for a housing unit located on a property that is exempt from TOPA under subsection (a)(2) of this section, the owner of the property shall provide written notice to the individual of the property's limited exemption from TOPA provided under this section.

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

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this chapter (40 sections)
  1. 47-857.14 · Tax abatements for nonprofit organizations locating in…
  2. 47-857.15 · Tax abatements for nonprofit organizations locating in…
  3. 47-857.16 · Tax abatements for nonprofit organizations locating in…
  4. 47-857.09a · Tax abatements for new residential developments — Notice…
  5. 47-858.01 · Tax abatements for homeowners in enterprise zones —…
  6. 47-858.02 · Tax abatements for homeowners in enterprise zones —…
  7. 47-858.03 · Tax abatements for homeowners in enterprise zones — Tax…
  8. 47-858.04 · Tax abatements for homeowners in enterprise zones — Tax…
  9. 47-858.05 · Tax abatements for homeowners in enterprise zones —…
  10. 47-859.01 · Tax abatements for new residential developments in NoMA —…
  11. 47-859.02 · Tax abatements for new residential developments —…
  12. 47-859.03 · Tax abatements for new residential developments — Tax…
  13. 47-859.04 · Tax abatements for new residential developments — Abatement…
  14. 47-859.05 · Tax abatements for new residential developments — Rules.
  15. 47-859.04a · Tax abatements for new residential developments — Notice…
  16. 47-860 · Tax abatement for affordable housing in high-need affordable…
  17. 47-860.01 · Tax abatements for housing in downtown – Definitions.
  18. 47-860.02 · Tax abatements for housing in downtown – Requirements.
  19. 47-860.03 · Tax abatements for housing in downtown – Abatement period…
  20. 47-860.04 · Tax abatements for housing in downtown – Rules.
  21. 47-860.02a · Tax abatements for housing in downtown – Exemptions.
  22. 47-861 · Violations.
  23. 47-861.01 · Tax abatements for the redevelopment of vacant and blighted…
  24. 47-861.02 · Tax abatements for the redevelopment of vacant and blighted…
  25. 47-861.03 · Tax abatements for the redevelopment of vacant and blighted…
  26. 47-861.04 · Tax abatements for the redevelopment of vacant and blighted…
  27. 47-862 · Rules and regulations for tax deferral provisions.
  28. 47-863 · Reduced tax liability for property owners over age 65 and for…
  29. 47-864 · Owner-occupant residential tax credit.
  30. 47-864.01 · Owner-occupant residential tax credit (conditional).
  31. 47-865 · Tax abatement for preservation of section 8 housing in…
  32. 47-866 · Tax abatement for improvements to section 8 and other…
  33. 47-867 · Public charter school real property tax rebate.
  34. 47-868 · Reduced tax liability for certain urban farms.
  35. 47-869 · Performing arts venue real property tax rebate.
  36. 47-870 · Central Washington activation projects— temporary tax…
  37. 47-870.01 · Central Washington activation projects— temporary tax…
  38. 47-870.02 · Central Washington activation projects— temporary tax…
  39. 47-871 · Definitions.
  40. 47-872 · Computation of tax; annual adjustment; limitations.
Full table of contents →