D.C. Code § 47-857.15

Tax abatements for nonprofit organizations locating in emerging commercial neighborhoods — Abatement caps

Sept. 24, 2010, D.C

(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.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.