Source: http://dccode.elaws.us/code?no=47-859.02
Timestamp: 2019-11-21 21:05:18
Document Index: 278391915

Matched Legal Cases: ['§ 47', '§ 47', '§ 47', '§ 47', '§ 47', '§ 47', '§ 47', '§ 47']

§ 47-859.02. Tax abatements for new residential developments --Requirements for tax abatements for new residential developments.
(a) Subject to paragraph (1) of this subsection and subsections (b) and (c) of this section, and to the tax abatement limits imposed by § 47-859.04, the Mayor shall approve a tax abatement under § 47-859.03 for an Eligible Real Property if:
(A) A final building permit for the mechanical, electrical, plumbing, and heating, ventilation, and air conditioning systems for the building's superstructure; or
(B) A letter from both the building architect and the Mayor certifying that the 1st level of concrete has been laid and the building has received a building permit for both the building's sheeting, shoring, and excavation work and the building's foundation to grade structural work;
(4) The building permit for the project's superstructure is received after January 1, 2008.
(1) Unless the owner, or his designee or assignee, satisfies subsections (a)(1) and (2) of this section on or before December 31, 2012;
(3) If the project has not received a certificate of occupancy within 36 months after the date the certification letter is transmitted by the Mayor under subsection (a)(3) of this section; provided, that the Mayor may extend the 36- month period for up to 6 months if the building's construction has reached grade, as certified by the project architect and the Mayor;
(c) The number of residential dwelling units that may be approved under § 47-859.03 for the tax abatement under § 47-859.04 shall be limited to 3,000 units in the aggregate. The Mayor shall keep a record of the number of residential dwelling units that are approved under § 47-859.03 and § 47- 859.04.
For Law 18-10, see notes following § 47-859.01.