D.C. Code § 47-4633

Current through codified legislation effective September 4, 2024
Section 47-4633 - Jubilee Housing residential rental project; Lot 863 in Square 2560, and Lot 873, Square 2563

The real properties described as Lot 863 in Square 2560, and Lot 873, Square 2563, owned by Jubilee Housing Inc., or by an entity controlled, directly or indirectly, by Jubilee Housing Inc., including Jubilee Housing Limited Partnership II, shall be exempt from taxation under Chapter 8 of this title so long as the real properties continue to be owned by Jubilee Housing Inc., or by an entity controlled, directly or indirectly, by Jubilee Housing Inc., or continue to be under applicable use restrictions during a federal low-income housing tax credit compliance period, and are not used for commercial purposes, subject to the provisions of §§ 47-1005, 47-1007 and 47-1009.

D.C. Code § 47-4633

May 27, 2010, D.C. Law 18-163, § 2(b), 57 DCR 3032; July 13, 2012, D.C. Law 19-158, § 2(b), 59 DCR 5689.

Section 3 of D.C. Law 18-163 provided: "Sec. 3. Applicability. This act shall apply upon the inclusion of its fiscal effect in an approved budget and financial plan."

Section 7008 of D.C. Law 18-223 repealed section 3 of D.C. Law 18-163.

Section 3 of D.C. Law 19-158 provided: "Sec. 3. Applicability. Section 2(a) and (b) shall apply as of October 1, 2010."