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GO/ECON Joint Committee Worksession

Joint session of the Government Operations and Fiscal Policy Committee and the Economic Development Committee · March 27, 2025

Joint Government Operations & Fiscal Policy and Economic Development committees reviewed Bill 2-25, a pilot to offer payment-in-lieu-of-tax (PILOT) incentives for converting high‑vacancy commercial properties to housing; committees amended affordability to 17.5% MPDUs, shortened the abatement to 20 years with a 10‑year sunset, added transition language, and forwarded a joint recommendation to full council (one abstention).

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