D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 10. PLANNING AND DEVELOPMENT |
SubTilte 10-B. PLANNING AND DEVELOPMENT |
Chapter 10-B63. TAX ABATEMENT FOR NONPROFIT ORGANIZATIONS LOCATING IN EMERGING COMMERCIAL NEIGHBORHOODS |
Section 10-B6304. POST-APPLICATION REQUIREMENTS
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6304.1The organization shall submit to Deputy Mayor for Planning and Economic Development (DMPED) a notarized copy of the signed lease or office space sales contract within four (4) months after the date of approval of its application; provided, however, that the Deputy Mayor may extend this deadline one (1) time by an additional twenty (20) days.
6304.2Within fifteen (15) business days after DMPED receives the organization’s lease or sales contract, DMPED shall, if the lease or sales contract meets the requirements of the NPTA Act and this chapter and is consistent with the organization’s application, issue a letter of confirmation to the organization certifying that the organization has met all eligibility and application requirements for the tax abatement. The letter shall also state that the organization shall be eligible to receive a tax abatement after receipt of a certificate of occupancy issued by the Department of Consumer and Regulatory Affairs and confirmation by the District that the organization has moved into the eligible office space on or before September 30, 2013, if the office space is in the Capitol Riverfront Nonprofit Zone, Mount Vernon Nonprofit Zone, or NoMa Nonprofit Zone, or on or before September 30, 2016, if the office space is in the Anacostia Nonprofit Zone, a Designated Nonprofit Zone, or Minnesota-Benning Nonprofit Zone; provided, however, that the Deputy Mayor may extend either deadline one (1) time by an additional forty (40) days.
6304.3Once the certificate of occupancy has been issued by Department of Consumer and Regulatory Affairs and the District has confirmed that the organization has moved into the eligible office space within the time periods set forth in subsection 6304.2, the owner shall submit the following documents to DMPED:
(a)A copy of the certificate of occupancy;
(b)A calculation of the “as-built” total commercial FAR square footage certified by the office space landlord; and
(c)A schedule of the dollar amounts for the property’s twenty (20) semiannual tax abatements for the ten (10) year tax abatement period beginning with the first full six (6) month period of the tax year (October 1 through March 31 or April 1 through September 30) following the issuance date of the certificate of occupancy.