(a) Subject to subsection (b) of this section, the following real property described shall be exempt from taxation so long as the real property is owned by The Studio Theatre, Inc., a District of Columbia nonprofit corporation, is used for housing in support of the nonprofit activities of the theater, and is not used for any commercial purposes:
(1) Lot 208, Square 155;
(2) Lot 0094, Square 179; and
(3) Lots 2061, 2073, 2083, 2164, 2253, and 2300, Square 157.
(b) The Studio Theatre, Inc. shall make the reports required by § 47-1007 and shall have appeal rights provided by § 47-1009.
(c) Repealed.
(d) Repealed.