Statutes, codes, and regulations
District Of Columbia Administrative Code
Title 10 - PLANNING AND DEVELOPMENTSubtitle 10-B - PLANNING AND DEVELOPMENT
Chapter 10-B63 - TAX ABATEMENT FOR NONPROFIT ORGANIZATIONS LOCATING IN EMERGING COMMERCIAL NEIGHBORHOODS
Rule 10-B6306 - ABATEMENT CAPS

D.C. Mun. Regs. tit. 10, r. 10-B6306

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Current through Register Vol. 71, No. 44, November 1, 2024
Rule 10-B6306 - ABATEMENT CAPS
6306.1

The total abatement granted under this chapter shall not exceed five hundred thousand dollars ($500,000) per year for Fiscal Years 2011 through 2014.

6306.2

The total amount of real property tax abatement approved per year for Fiscal Years 2011 through 2014 for qualified nonprofit organizations in each Eligible Nonprofit Zone shall be limited to:

(a) Forty thousand dollars ($40,000) in the Anacostia Nonprofit Zone;
(b) One hundred seventy seven thousand five hundred dollars ($177,500) in the Capitol Riverfront Nonprofit Zone;
(c) Forty thousand dollars ($40,000) in the Minnesota-Benning Nonprofit Zone;
(d) Sixty five thousand dollars ($65,000) in the Mount Vernon Triangle Nonprofit Zone;
(e) One hundred seventy seven thousand five hundred dollars ($177,500) in the NoMa Nonprofit Zone.
6306.3

For each year starting in 2015 Deputy Mayor for Planning and Economic Development (DMPED) may approve up to eight million four hundred thousand dollars ($8,400,000) per year in annual tax abatements for all Eligible Nonprofit Zones with maximum individual zone tax allocations of:

(a) Six hundred thousand dollars ($600,000) in the Anacostia Nonprofit Zone;
(b) Two million six hundred thousand dollars ($2,600,000) in the Capitol Riverfront Nonprofit Zone;
(c) Eight hundred thousand dollars ($800,000) in all Designated Nonprofit Zones
(d) Six hundred thousand dollars ($600,000) in the Minnesota-Benning Nonprofit Zone;
(e) One million two hundred thousand dollars ($1,200,000) in the Mount Vernon Triangle Nonprofit Zone; and
(f) Two million six hundred thousand dollars ($2,600,000) in the NoMa Nonprofit Zone.

D.C. Mun. Regs. tit. 10, r. 10-B6306

Source: Notice of Emergency and Proposed Rulemaking published at 57 DCR 11748 (December 10, 2010)[EXPIRED]; as amended by Notice of Final Rulemaking published at 58 DCR 4022, 4028 (May 6, 2011)
Authority: The Deputy Mayor for Planning and Economic Development, pursuant to the authority set forth in section 7042(b) of the Nonprofit Tax Abatement Act of 2010, effective September 24, 2010 (D.C. Law 18-223 D.C. Official Code §§ 47-857.13 et seq.) (as amended) (NPTA Act) and Mayor's Order 2010-165, dated October 12, 2010.