District Of Columbia § 47-4625 - Kelsey Gardens redevelopment project.

Full text of District Of Columbia D.C. Code § 47-4625 — Kelsey Gardens redevelopment project., with citation guidance and answers to common questions.

§ 47-4625. Kelsey Gardens redevelopment project.

47-4625
(a)

The real property taxes imposed by [ et seq.] with respect to the real property described as Lots 67 and 68, Square 421, in the tax records of the District of Columbia as of [December 17, 2009], shall be abated in the amount in excess of the amount of the real property taxes imposed on the property as of October 1, 2009; provided, that the improvements on the real property project shall:

(1)

Contain no less than 54 units of affordable housing for residents making 60% or less of current area median income;

(2)

Contain approximately 13,363 square feet of ground-level retail space; and

(3)

Have secured a mortgage from the U.S. Department of Housing and Urban Development or any other commercial mortgage entity for the development of this project.

(b)

The real property tax abatement provided in subsection (a) of this section shall expire at the stated maturity date of a mortgage from the U.S. Department of Housing and Urban Development or in the event of other commercial financing the tax abatement commences with fiscal year 2010 and ends with the stated expiration date of the initial permanent mortgage without regard to prepayment or earlier termination; provided, that compliance with use restrictions provided in subsection (a) of this section continues following any such prepayment or earlier termination.

Annotations

Applicability of : Section 7113 of provided that the amendment of subsection (a)(2) of this section shall apply as of December 17, 2009.

Section 7102(b) of repealed section 7032 of .

“(b) This act shall apply in fiscal year 2013 and later fiscal years upon the inclusion in an approved budget and financial plan of the fiscal effect of this act in those fiscal years.”

“(a) This act shall apply in fiscal years 2010, 2011, and 2012.

“Sec. 3. Applicability.

Section 3 of , as amended by section 7032 of , provided:

Short title: Section 7101 of provided that subtitle K of title VII of the act may be cited as “Kelsey Gardens Redevelopment Project Real Property Limited Tax Abatement Assistance Amendment Act of 2011”.

Short title: Section 7031 of provided that subtitle D of title VII of the act may be cited as the “Kelsey Gardens Redevelopment Project Real Property Limited Tax Abatement Assistance Amendment Act of 2010”.

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 47-4625

What does D.C. Code § 47-4625 cover?

Section 47-4625 ("Kelsey Gardens redevelopment project.") 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 § 47-4625?

A common citation format is "D.C. Code § 47-4625" (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 § 47-4625 apply to my situation?

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Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.