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Committee advances tax abatement for 1333 M St. SE to draft report, with affordable set-asides and public-space conditions
Summary
The Committee on Business and Economic Development unanimously advanced the 1333 M Street Southeast Tax Abatement Amendment Act of 2025 to a draft committee report, revising commencement dates and adding community contributions and inclusionary zoning compliance.
The Committee on Business and Economic Development voted unanimously on March 20, 2025, to advance the 1333 M Street Southeast Tax Abatement Amendment Act of 2025 to a draft committee report. Chair Kenyon McDuffie moved to draft the report with leave for staff to make technical, editorial and conforming changes; the motion carried by voice vote.
The bill, introduced as Bill 26-40 (previously introduced in Council Period 25), would provide a real property tax abatement for the property at 1333 M Street SE for amounts in excess of $150,000 per year for…
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