D.C. Code § 47-857.15

Current through codified legislation effective September 18, 2024
Section 47-857.15 - Tax abatements for nonprofit organizations locating in emerging commercial neighborhoods - Abatement caps
(a) The total annual dollar amount of tax abatements approved for an Eligible Nonprofit Zone shall not exceed:
(1) $600,000 in the Anacostia Nonprofit Zone;
(2) $2.6 million in the Capitol Riverfront Nonprofit Zone;
(3) $800,000 in all Designated Nonprofit Zones;
(4) $600,000 in the Minnesota-Benning Nonprofit Zone;
(5) $1.2 million in the Mount Vernon Triangle Nonprofit Zone; and
(6) $2.6 million in the NoMa Nonprofit Zone.
(b) The total amount of real property tax abatements approved for qualified nonprofit organizations in all Eligible Nonprofit Zones shall not exceed $500,000 in Fiscal Years 2011, 2012, 2013, and 2014.

D.C. Code § 47-857.15

Sept. 24, 2010, D.C. Law 18-223, § 7042(b), 57 DCR 6242.