{"data":{"id":"us-dc/d.c.-code-47-858.04","jurisdiction":"us-dc","citation":"D.C. Code § 47-858.04","heading":"Tax abatements for homeowners in enterprise zones — Tax credit for substantial rehabilitation of single-family residential property in an enterprise zone.","body":"(a)\nSubject to § 47-858.02 and subsection (b) of this section, if an eligible owner of a single family residential property in an enterprise zone substantially rehabilitates the property after the effective date of this section [April 19, 2002] and before October 1, 2007, the real property tax imposed by § 47-811 shall, for the tax year in which the substantial rehabilitation is completed, be reduced $50 for each $1,000 of expended on the substantial rehabilitation; provided:\n(1)\nThe owner is subject to the income tax imposed by § 47-1806.03;\n(2)\nThe improvements are completed after October 1, 2002;\n(3)\nThe owner completes the substantial rehabilitation of the property for which the reduction is granted within 36 months after receiving the approval of the Mayor under § 47-858.02;\n(4)\nThe reduction in the tax imposed by § 47-1806.03 shall not exceed $5,000.\n\n(b)\nThe amount of the reduction allowed during a tax year under this section shall not exceed 50% of the real property tax that was imposed on the real property by § 47-811 during the prior tax year. If the amount of the reduction exceeds 50% of the tax imposed during the prior tax year, the unused amount of the reduction may be carried forward for 5 tax years\n\n(c)\nThe Mayor may approve up to $1 million in tax credits under § 47-858.04.","path":["Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]","Chapter 8. Real Property Assessment and Tax.","Subchapter II. Authority and Procedure to Establish Real Property Tax Rates."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/47-858.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"996b9d3331279134732147be4d5ee9f11d3023466a8f52332171f88d97ebac62","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-47-858.03","next":"us-dc/d.c.-code-47-858.05"},"notice":"GroundRules: Original legal text. Not legal advice."}