D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 10. PLANNING AND DEVELOPMENT |
SubTilte 10-B. PLANNING AND DEVELOPMENT |
Chapter 10-B62. NOMA TAX ABATEMENTS FOR NEW RESIDENT DEVELOPMENT PROGRAM |
Section 10-B6204. ABATEMENT CAPS
Latest version.
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B6204.1DMPED may approve up to five million dollars ($5,000,000) in annual tax abatements for the Eligible Area, up to the fifty million dollars ($50,000,000) cumulative tax abatement cap.
authority
NoMA Residential Development Tax Abatement Act of 2009, effective July 7, 2009 (D.C. Law 18-10; D.C. Official Code §§ 47-859.01 et seq.), and Mayor’s Order 2010-61, dated April 6, 2010
source
Final Rulemaking published at 57 DCR 6122, 6128 (July 16, 2010).