Housing in Downtown Tax Abatement Technical Amendment Emergency Declaration Resolution of 2024

This bill amends existing laws to fix technical issues with the tax incentive program designed to encourage new housing construction in downtown Washington, D.C. The changes allow the Mayor to award these tax breaks through a competitive process, ensure legal exemptions are properly recorded, and adjust deadlines for project approvals to be more realistic. By correcting these statutory errors, the measure enables the government to immediately release regulations needed to start offering the tax incentives to developers.