District of Columbia legislation · 26th Council
District of Columbia B700: Reservoir District Tax Exemption Amendment Act of 2026
Status: In committee, October 26, 2026
As introduced, Bill 26-700 would designate certain property as affordable housing for which Fair Market Rents, as calculated by the US Department of Housing and Urban Development apply.
What the bill says
To amend Chapter 46 of Title 47 of the District of Columbia Official Code to clarify the affordable housing requirements for the property located in Lots 809, 810, 814, and 815 in Square 3128, as a condition for receiving real property tax relief. act may be cited as the "Reservoir District Tax Exemption Clarification Amendment Act of 2026". Sec. 2. Chapter 46 of Title 47 of the District of Columbia Official Code is amended as follows: (a) Section 47-4683 is redesignated as section 47-4684. (b) The second section 47-4682 is redesignated as section 47-4683. (c) Section 47-4683(b)(2) is amended.
From the enrolled text, October 6, 2026:
To amend Chapter 46 of Title 47 of the District of Columbia Official Code to clarify the affordable housing requirements for the property located in Lots 809, 810, 814, and 815 in Square 3128, as a condition for receiving real property tax relief. act may be cited as the "Reservoir District Tax Exemption Clarification Amendment Act of 2026". Sec. 2. Chapter 46 of Title 47 of the District of Columbia Official Code is amended as follows: (a) Section 47-4683 is redesignated as section 47-4684. (b) The second section 47-4682 is redesignated as section 47-4683. (c) Section 47-4683(b)(2) is amended to read as follows: "(2) Set aside 1/3 of the operating rental housing units in the Property as affordable as defined by 26 U.S.C. § 42(g)(2)(A). The units designated as affordable will be available to households qualifying for the 80 Percent Income Limit Category of the Multifamily Tax Subsidy Project Income Limits for the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro Fair Market Rent Area as reported annually by the U.S. Department of Housing and Urban Development and made in a manner consistent with 26 U.S.C. § 142(d)(2)(B).". Sec. 3. Fiscal impact statement. The Council adopts the fiscal impact statement in the committee report as the fiscal impact statement required by section 4a of the General Legislative Procedures Act of 1975, approved October 16, …