Application Process: Geographic Requirements:
Annual application required
Local Option in Adoption of Program:
Programs available without regard to any designated geographic area
Local government is unable to exercise an option
For eligible property, reduction in real property taxes for qualified leasehold improvements made by, or for, a Qualified High Technology Company.
Description of Eligibility Criteria:
Incentives Restricted to Certain Industries or Uses
Incentives Tied to Increasing Jobs or Wages
Incentives Tied to Investment
Description of Eligible Property Type:
Eligible property includes new buildings for which the initial certificate of occupancy or initial temporary certificate of occupancy was received after 31 December 2000 or property for which improvements or renovations are made necessary to adapt or convert an existing building, or a portion thereof, for use by a Qualified High Technology Company.
If a tenant is liable for real property taxes under its lease and the tenant makes improvements or renovations necessary to adapt or convert an eligible building, or a portion thereof, for its own use as a Qualified High Technology Company, or for use by a Qualified High Technology Company as a subtenant, the tenant shall receive the abatement from the real property tax increase.
“Qualified High Technology Company” means an individual or entity organized for profit and maintaining an office, headquarters, or base of operations in the District of Columbia, having 2 or more employees, and deriving at least 51% of its gross revenues from a high technology enterprise as defined by DC statutes.
Source State Statutes:
Property of qualified High Technology Companies is eligible. Mixed use properties can contain residential units if property meets eligibility requirements. Eligible buildings are non-residential or mixed-use buildings in which at least 50% of its tenants are Qualified High Technology Companies or at least 50% of its aggregate square footage is leased to a Qualified High Technology Company using the premises as an office or retail space.
Personal property purchased and used or held for the use or by a qualified high technology company is exempt from the personal property tax for 10 years beginning with the year of purchase. If used in the eleventh year and thereafter, the property must then be reported at 25% of the original cost unless it is qualified technological equipment which is then reported at 10% of the original cost.
Data Collection Notes:
D.C. Code Ann. § 47-811.03;
D.C. Code Ann. § 47-1817.01;
D.C. Code Ann. §47-1521 (4);
D.C. Code Ann. §47-1523(b) (in effect for 2006)
CAT02 2024/01/22 CC OLD: old record was incomplete; conflated with entry Certain Commercial Properties DC007 NEW: Clarified incentive
1/22/24 cc cleaned up the entry
6/6/23 JS complete
2/13/23 RH verified
12/19/22 VO complete
11/29/21 WP verified
10/09/20 MT completed
10/09/20 MT created 2020 record
10/09/20 MT verified
6/4/20 LA complete
12/17/19 LA verified
6/3/19 SAH edited for clarity, confirmed
6/19/18 GM: revised
4/16/18 nr; no new changes
2/22/17 NR: See data collection notes
5/04/16 ND: marked as complete
2/2/15 ND: no new updates
7/28/14 GIR: checked, marked as complete
11/1/13 GIR: checked, marked as complete
8/30/11 cc verified without checking
9/8/11 es duplicated record for 2010
12/17/2013 PA verified 2012 record
12/19/2014 PA vets 2013 record.