Avanti Real Estate Services, LLC Real Property Tax Relief Emergency Declaration Resolution of 2025

This resolution declares an emergency to authorize the Chief Financial Officer to use $377,000 from the 2026 budget to forgive real property taxes, penalties, and fees for a specific property owned by Avanti Real Estate Services, LLC at 3421 14th Street, N.W. It bypasses standard legislative procedures to immediately release funds allocated under prior budget legislation (D.C. Act 26-148). The resolution directly affects Avanti Real Estate Services, LLC by relieving its tax burden on that single property. The funds are designated to support Avanti's stated mission of creating generational wealth through homeownership and employing District residents.