District Of Columbia § 47-3506 - Administration and enforcement — Qualifying nonprofit housing organizations and cooperative housing associations.
Full text of District Of Columbia D.C. Code § 47-3506 — Administration and enforcement — Qualifying nonprofit housing organizations and cooperative housing associations., with citation guidance and answers to common questions.
§ 47-3506. Administration and enforcement — Qualifying nonprofit housing organizations and cooperative housing associations.
47-3506If a qualifying nonprofit housing organization fails to transfer the property within 36 months as required by , the Mayor shall disallow the exemptions provided by and the organization shall pay to the Mayor:
The total tax which would have been due without the exemption;
Interest at the rate of 11/4% per month, or fraction of a month, from the date prescribed for the payment of the tax without regard to the exemptions until the date paid; and
A penalty equal to 10% of the tax. The Mayor may, for good cause shown, extend the time for transfer of the property for an additional period not to exceed 6 months, if the cooperative housing association files a request for extension, in writing, with the Mayor within 30 days after the expiration of the 36-month period.
If a cooperative housing association fails to qualify for the real property tax exemption within 36 months as required by , the Mayor shall disallow the exemption provided by and the association shall pay to the Mayor:
The total tax which would have been due without the exemptions;
Interest at the rate of 11/4% per month, or fraction of a month, from the date prescribed for the payment of the tax without regard to the exemptions until the date paid; and
A penalty equal to 10% of the tax. The Mayor may, for good cause shown, extend the time for transfer of the property for an additional period not to exceed 6 months, if the cooperative housing association files a request for extension, in writing, with the Mayor within 30 days after the expiration of the 36-month period.
If an association or organization shall willfully make a false statement concerning any information required to be supplied on the certification under or , the association or organization shall be deemed guilty of the offense of making false statements and, upon conviction, shall be subject to the penalty for that offense provided in .
Annotations
“Sec. 1283. Repealed.”
“(b) Repealed.
“(a) Section 1281 shall apply for taxable years beginning after September 30, 2005.
“Sec. 1282. Applicability; conditional effect.
Applicability and expiration of subtitle HH of title I, §§ 1280 to 1284, of : Sections 1282 and 1283 of , as amended by , § 7068(f), (g), provided:
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 47-3506
What does D.C. Code § 47-3506 cover?
Section 47-3506 ("Administration and enforcement — Qualifying nonprofit housing organizations and cooperative housing associations.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 47-3506?
A common citation format is "D.C. Code § 47-3506" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 47-3506 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.