Certificate of Assurance Moratorium Emergency Declaration Resolution of 2024

This bill declares an emergency to temporarily stop landlords from applying for certificates of assurance under the District's rent stabilization laws. These certificates would have allowed property owners to receive tax credits if their rents were regulated, but the program has never been fully operational due to implementation issues. The legislation extends a moratorium that was first established in 2020 to prevent new applications and ensure that future rent control reforms are not financially blocked by existing entitlements. This measure maintains the current pause on the program while the Council considers permanent legislation to address the issue.