Source: https://development.code.dccouncil.us/dc/council/code/sections/47-4620.html
Timestamp: 2019-04-21 08:49:02+00:00

Document:
D.C. Law Library - § 47–4620. St. Martin’s Apartments project tax exemptions.
↪ § 47–4620. St. Martin’s Apartments project tax exemptions.
§ 47–4619. Abatement of real property taxes for the temporary Walker Jones/Northwest One Unity Health Center.
§ 47–4621. Gateway Market Center and Residences, 1240 — 1248 4th Street, N.E., Lots 5, 800, 802, and 809, and Parcels 129/9 and 129/32, Square 3587 real property tax abatement and sales tax exemption.
§ 47–4620. St. Martin’s Apartments project tax exemptions.
(1) “Affordable rental housing project” means a housing development in which units are rented to households with not more than 60% of area median income (adjusted for household size) as such amount of area median income is determined by the United States Department of Housing and Urban Development when they qualify for admission and for a rent not to exceed the rent ceiling for each unit size, as determined by the District of Columbia Housing Finance Agency in accordance with the Federal Low Income Housing Tax Credit regulations.
(2) “Developer Owner” means St. Martin’s Apartments, LP, and its successors, affiliates, and assigns.
(3) “Developer Sponsor” means C.C.S. Housing, Inc., its successors, affiliates, and assigns.
(B) Other ancillary improvements, including the parking facility included within the building and any cellular tower or cellular equipment on or in the building.
(5) “St. Martin’s Apartments property” means the real property, including any improvements thereon, located on Lot 116, Square 3531.
(2) Any conveyances from the Developer Sponsor to an entity that operates the St. Martin’s Apartments project or property as an affordable rental housing project.
(c) The St. Martin’s Apartments property shall be exempt from all property tax so long as the property is operated as an affordable rental housing project, subject to the provisions of §§ 47-1005, 47-1007, and 47-1009 as if the exemption were granted administratively.
(d) The St. Martin’s Apartments project and the St. Martin’s Apartments property shall be exempt from any public space permit fees imposed by § 47-2718.
(e) The exemptions pursuant to subsections (c) and (d) of this section shall be in addition to, and not in lieu of, any other tax relief or assistance from any other source applicable to the St. Martin’s Apartments project or the St. Martin’s Apartments property.
(f) This section shall not prevent or restrict the Developer Sponsor or Developer Owner from utilizing any other tax, development, or other economic incentives available to the St. Martin’s Apartments project or the St. Martin’s Apartments property.
The 2012 amendment by D.C. Law 19-171 validated a previously made technical correction.
For temporary (90 day) addition, see § 2(b) of St. Martin Apartments Tax Exemption Emergency Act of 2008 (D.C. Act 17-491, August 4, 208, 55 DCR 9164).
For temporary (90 day) addition, see § 2(b) of St. Martin’s Apartments Tax Exemption Congressional Review Emergency Act of 2008 (D.C. Act 17-541, October 20, 2008, 55 DCR 11423).
For temporary (90 day) repeal of section 3 of D.C. Law 17-355, see § 7025 of Fiscal Year 2010 Budget Support Second Emergency Act of 2009 (D.C. Act 18-207, October 15, 2009, 56 DCR 8234).
For temporary (90 day) repeal of section 3 of D.C. Law 17-355, see § 7025 of Fiscal Year Budget Support Congressional Review Emergency Amendment Act of 2009 (D.C. Act 18-260, January 4, 2010, 57 DCR 345).
Section 2(b) of D.C. Law 17-255 added a section to read as follows: “§ 47-4616. St. Martin Apartments project-tax exemptions.
“(1) ‘Affordable rental housing project’ means a housing development in which units are rented to elderly households with not more than 60% of area median income (adjusted for household size) for a rent not exceeding 30% of 60% area median income of such household, as such amount of area median income is determined by the United States Department of Housing and Urban Development.
“(2) ‘Developer Sponsor’ means St. Martin Apartments LP, its successors, affiliates, and assigns.
“(4) ‘St. Martin Apartments property’ means the real property, including any improvements thereon, located in Lots 114 and 115, Square 3531.
“(2) Any conveyances from the Developer Sponsor to an entity that operates the St. Martin Apartments project as an affordable rental housing project.
“(c) The St. Martin Apartments property shall be exempt from the tax imposed by Chapter 8 of this title so long as the property is operated as an affordable rental housing project, subject to the provisions of D.C. Official Code §§ 47-1005, 47-1007, and 47-1009, as if the exemption were granted administratively.
“(d) The St. Martin Apartments project shall be exempt from any public space permit fees imposed by § 47-2718.
“(e) The exemptions pursuant to subsections (c) and (d) of this section shall be in addition to, and not in lieu of, any other tax relief or assistance from any other source applicable to the St. Martin Apartments project or the St. Martin Apartments property.
“(f) This section shall not prevent or restrict the Developer Sponsor from utilizing any other tax, development, or other economic incentives available to the St. Martin Apartments project or the St. Martin Apartments property.”.
Section 5(b) of D.C. Law 17-255 provided that the act shall expire after 225 days of its having taken effect.
Section 7025 of D.C. Law 18-111 repealed section 3 of D.C. Law 17-355.

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