B 26-0225: Unlocking Housing at Metro Property Tax Exemption Amendment Act of 2025
Topics
✗ Budget & TaxesOpposes Budget & TaxesBill waives property taxes for 20 years on qualifying developments, reducing potential tax revenue for the District's budget.
✓ HousingSupports HousingTax exemption incentivizes new housing construction near Metro stations, advancing transit-oriented development to increase housing supply and affordability.
✓ TransportationSupports TransportationPromotes transit-oriented development at Metro stations to increase public transit accessibility and ridership, directly advancing transportation infrastructure goals.