D.C. Mun. Regs. tit. 10, r. 10-B6401
Current through Register Vol. 71, No. 36, September 6, 2024
Abatements granted pursuant to this chapter shall be subject to the availability of funding. When funds are available for the purpose of granting the abatements, the total amount of tax abatements awarded to all developments in a given fiscal year shall not exceed two hundred thousand dollars ($200,000) in Fiscal Year 2024, four million dollars ($4,000,000) in Fiscal Year 2025, four million one hundred sixty thousand dollars ($4,160,000) in Fiscal Year 2026, or the prior fiscal year's cap increased by four percent (4%) in each fiscal year thereafter.
D.C. Mun. Regs. tit. 10, r. 10-B6401