{"data":{"id":"us-dc/d.c.-code-47-4648","jurisdiction":"us-dc","citation":"D.C. Code § 47-4648","heading":"Abatement of real property taxes for 2 M Street, N.E.","body":"(a)\nBeginning October 1, 2014, the tax imposed by Chapter 8 of this title on the real property described as Lot 258, Square 672, and any improvements thereon, shall be abated for 10 years; provided, that:\n(1)\nThe aggregate amount of the abatement shall not exceed $5.76 million; and\n(2)\nThe Federal Housing Administration shall have approved an application for mortgage insurance under section 221(d)(4) of the National Housing Act, approved August 2, 1954 (68 Stat. 599; 12 U.S.C. § 1715 (d)(4)), for the financing of the acquisition or construction of land improvements for the 2 M Street, N.E., project.\n\n(b)\nThe owner of the real property shall certify to the Office of Tax and Revenue that the project’s application for mortgage insurance has been approved and shall inform the Office of Tax and Revenue if approval has been withheld.","path":["Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]","Chapter 46. Special Tax Incentives."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/47-4648","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"356e5acf47b336faaaf3c38d6cd698e54c816d93fd702c8f8d88732a9aa6f171","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-47-4647","next":"us-dc/d.c.-code-47-4649"},"notice":"GroundRules: Original legal text. Not legal advice."}