DC's finance chief may forgive up to $377,000 in taxes and related charges assessed on Avanti's 14th Street property by September 3, 2025, if Avanti occupies it for the required uses.
In fiscal year 2026, DC's finance chief may forgive up to $377,000 in taxes and related charges on Avanti's 14th Street property if Avanti occupies it for the required uses.
DC must cancel any tax sale of Avanti's 14th Street property that was held to collect a debt forgiven under this law.
DC's finance chief may forgive up to $377,000 in property taxes and related charges. The relief covers Avanti's property at 3421 14th Street NW, identified as Lot 123, Square 2836. Avanti must occupy the property and use it for homeownership focused real estate services, jobs for District residents, and real estate career training. Only charges assessed as of September 3, 2025, are eligible. The finance chief may grant relief in fiscal year 2026. The temporary law expires 225 days after taking effect.
DC must cancel tax sales held to collect forgiven debt. This applies to tax sales of Avanti's property at 3421 14th Street NW. A sale qualifies only if it was held to collect a debt forgiven under this law.
No hearings or votes scheduled.