10-B DCMR 6400

6400. GENERAL PROVISIONS

Last amended: 2022Length: 155 wordsOfficial source

Cite as D.C. Mun. Regs. tit. 10-B, § 6400

6400 GENERAL PROVISIONS 6400.1 The purpose of this chapter is to implement the Tax Abatement for Affordable Housing in High-Need Areas Amendment Act of 2020 (the “Act”), effective December 3, 2020 (D.C. Law 23-149; D.C. Official Code § 47-859.06), which provides for an abatement of the tax imposed by D.C. Official Code § 47-811 on certain real property developed with affordable housing in certain designated areas in high need of affordable housing. 6400.2 An agency’s failure to act within a timeframe established in this chapter shall not constitute a default by the agency and shall not permit any person to take or refuse to take any action governed by the Act or any other law or regulation. 6400.3 No tax abatements granted pursuant to this chapter shall begin before October 1, 2023. SOURCE: Final Rulemaking published at 69 DCR 001348 (February 18, 2022). District of Columbia Municipal Regulations Planning and Development 10-B DCMR § 6400
10-B DCMR 6400: 6400. GENERAL PROVISIONS | Justis AI