The end of June saw the D.C. Council pass the Fiscal Year 2025 Budget Support Act of 2024 and the Fiscal Year 2025 Local Budget Act of 2024.
The 2025 budget includes the “Central Washington Activation Conversion Program...more
D.C.’s recordation and transfer tax rates on commercial or mixed-use properties are on track to decrease to a combined rate of 2.9% for transactions closing after September 30, 2023.
...more
On December 2, 2021, the Office of the Attorney General for the District of Columbia (OAG), filed four petitions with the Zoning Commission (ZC) to amend the Zoning Regulations as an effort to increase the supply of...more
1/14/2022
/ Affordable Housing ,
Critical Infrastructure Sectors ,
Economic Impact Analysis ,
Housing Market ,
Inclusionary Housing Ordinance ,
Low Income Housing ,
Low-Income Issues ,
Real Estate Development ,
Real Estate Market ,
Rental Property ,
State and Local Government ,
Urban Planning & Development ,
Zoning Laws
Since initiating the process to amend the District of Columbia Comprehensive Plan (“Plan”), the Office of Planning (“OP”) has received over 3000 comments from stakeholders. Legislation was recently put forth before the...more
Effective in early 2016, the District of Columbia Zoning Commission will adopt a major overhaul of the zoning regulations. Although the overhaul is intended to simplify and update the 1958 zoning regulations, the new...more