{"data":{"id":"us-dc/d.c.-code-6-1503","jurisdiction":"us-dc","citation":"D.C. Code § 6-1503","heading":"Tax and other development incentives for real property in economic development zones.","body":"(a)\nAny improved real property located within an economic development zone shall be qualified for tax and other development incentives if:\n(1)\nThe qualification is recommended by the Mayor and approved by the Council, by resolution;\n(2)\nThe real property is classified as Class 3 or Class 4 real property under § 47-813;\n(3)\nThe real property is used in conformity with the zoning regulations; and\n(4)\n(A)\nRehabilitation of the real property begins after October 20, 1988, and the actual costs of the rehabilitation of the property exceed 50% of the value of the property, as assessed by the Department of Finance and Revenue for the tax year ending immediately prior to commencement of the rehabilitation; or\n(B)\nConstruction on the real property begins after October 20, 1988.\n\n(b)\nThe resolution approving the qualification for tax and other development incentives pursuant to subsection (a)(1) of this section shall:\n(1)\nIdentify the qualified real property by lot and square;\n(2)\nIdentify the owner or owners of the qualified real property;\n(3)\nIdentify each tax or charge to be reduced, deferred, or forgiven;\n(4)\nState the applicable tax year or tax period for each tax or charge to be reduced, deferred, or forgiven; and\n(5)\nState the dollar amount of each tax or charge reduction, deferral, or forgiveness.\n\n(c)\nThe following tax and other development incentives shall be available to the owner of qualified real property:\n(1)\nA reduction in real property taxes as provided in § 47-815(f);\n(2)\nDeferral or forgiveness of any real property tax owed as provided in § 47-846.01;\n(3)\nDeferral or forgiveness of any special assessment owed as provided in § 47-1202.01;\n(4)\nDeferral or forgiveness of any cost or fee assessed to correct any condition that exists on real property in violation of law as provided in § 42-3131.01(e); and\n(5)\nDeferral or forgiveness of any water or sanitary sewer charges due as provided in §§ 34-2407.02 and 34-2110.","path":["Title 6. Housing and Building Restrictions and Regulations.","Chapter 15. Economic Development Zone Incentives."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/6-1503","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"ece3f9143d09f585328ca753fa9bb5589c58b7774bdf55a7e8592165dd008176","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-6-1502","next":"us-dc/d.c.-code-6-1504"},"notice":"GroundRules: Original legal text. Not legal advice."}