Posts Tagged ‘tax abatement’

Council Committee Approves Tax Break That CFO Called Unnecessary

A D.C. Council committee approved an $11 million tax break today for the Howard Town Center development on Georgia Avenue NW—despite the fact that Chief Financial Officer Natwar Gandhi deemed the break unnecessary.
The Council's finance and revenue committee approved the 10-year, 100 percent property tax abatement, plus three other tax breaks, in less than a [...]

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