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Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
1
14W and the YMCA Anthony Bowen Project
$84,456 (None - Tax Expenditure)
Tax Abatements*
Perseus Realty LLC
Adams Morgan Hotel (Note 2) $0 (None - Tax Expenditure)
Tax Abatements*
First Church of Christ, Scientist/ Beztak Props.
GALA Hispanic Theatre $44,000 (None - Tax Expenditure)
Tax Abatements*
Not Specified
Campbell Heights Project $188,742 (None - Tax Expenditure)
Tax Exemptions*
Campbell Hts Resident Assoc./ Jair Lynch
Columbia Heights Ventures Parcel 26 LLC / Highland Park
$504,356 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
Heights on Georgia Avenue $175,000 (None - Tax Expenditure)
Tax Exemptions*
Neighborhood Development Corp.
Jubilee Housing Residential Rental Project
$97,603 (None - Tax Expenditure)
Tax Exemptions*
Jubilee Housing
Samuel J Simmons NCBA Estates No. 1 L.P.
$331,654 (None - Tax Expenditure)
Tax Exemptions*
Samuel J Simmons NCBA Estates
United Negro College Fund Inc. $345,181 (None - Tax Expenditure)
Tax Exemptions*
UNCF
View 14 Project $676,530 (None - Tax Expenditure)
Tax Exemptions*
View 14 Investments LLC
DC USA $1,498,000 Misc. FundsTIF Debt ServiceBondholders
Howard Theatre $434,140 Misc. FundsTIF Debt ServiceHoward Theatre Restoration Co.
$4,379,662Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 1 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
2
Ellington Modernization / Renovation
$27,805,000 DCPSExpenditures on Contracts
Not Specified
Hyde ES Modernization / Renovation
$8,538,000 DCPSExpenditures on Contracts
Not Specified
Martin Luther King Jr. Memorial Central
$3,000,000 DCPLExpenditures on Contracts
Not Specified
Convention Center Debt Service
$33,079,475 Misc. FundsRevenue Bond Debt Service
Bondholders
High Tech. Comm. Real Estate Database Providers
$700,000 (None - Tax Expenditure)
Tax Abatements*
CoStar
New Residential Development: 1117 10th St
$211,744 (None - Tax Expenditure)
Tax Abatements*
185 Individual Owners
New Residential Development: 1150 K St NW
$115,173 (None - Tax Expenditure)
Tax Abatements*
130 Individual Owners
New Residential Development: 1210 Mass Ave
$121,056 (None - Tax Expenditure)
Tax Abatements*
JBG/Equity Residential
New Residential Development: 400 Mass Ave
$252,666 (None - Tax Expenditure)
Tax Abatements*
256 Individual Owners
New Residential Development: 450 Mass Ave
$369,221 (None - Tax Expenditure)
Tax Abatements*
Meridian on Mass Ave LLC
New Residential Development: 631 D St NW
$428,343 (None - Tax Expenditure)
Tax Abatements*
428 Individual Owners
New Residential Development: 900 15th St NW
$90,901 (None - Tax Expenditure)
Tax Abatements*
Summitt Grand Parc LLC
New Residential Development: 912 F St NW
$79,278 (None - Tax Expenditure)
Tax Abatements*
62 Individual Owners
New Residential Development:1400 N St NW
$136,120 (None - Tax Expenditure)
Tax Abatements*
National City Christian Church/B&D
New Residential Development:1499 Mass Ave
$246,452 (None - Tax Expenditure)
Tax Abatements*
Post Properties
New Residential Development:400 8th St NW
$40,784 (None - Tax Expenditure)
Tax Abatements*
Lexington 407 LLC
Pew Charitable Trusts $907,490 (None - Tax Expenditure)
Tax Abatements*
Pew Charitable Trusts
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 2 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
2
Social E-Commerce Job Creation Act (Note 2)
$0 (None - Tax Expenditure)
Tax CreditsLiving Social
American College of Cardiology
$1,132,945 (None - Tax Expenditure)
Tax Exemptions*
American College of Cardiology
Emmaus Rehabilitation Project
$29,866 (None - Tax Expenditure)
Tax Exemptions*
Emmaus Rehabilitation LLC
King Towers Residential HousingRental Project
$187,890 (None - Tax Expenditure)
Tax Exemptions*
King Housing LLC
National Community Reinvestment Coalition
$199,638 (None - Tax Expenditure)
Tax Exemptions*
National Cmty Reinvestment Coalition
Newseum $4,723,477 (None - Tax Expenditure)
Tax Exemptions*
Freedom Forum
Studio Theatre Housing $27,895 (None - Tax Expenditure)
Tax Exemptions*
Studio Theatre
Clydes - Downtown Retail $587,360 Misc. FundsTIF Debt ServiceClydes Management, Inc.
Convention Center Hotel TIF (Note 3)
$11,985,000 Misc. FundsTIF Debt ServiceBondholders
Crime & Punishment Museum - Downtown Retail
$390,695 Misc. FundsTIF Debt ServiceNational Museum of Crime & Punishment
Forever 21 $670,156 Misc. FundsTIF Debt ServiceJemal's Cayre Woodies
Gallery Place $4,310,500 Misc. FundsTIF Debt ServiceBondholders
Madame Tussauds LLC $162,220 Misc. FundsTIF Debt ServiceMadame Tussauds Washington
Verizon Center Renovation $3,447,400 Misc. FundsTIF Debt ServiceDC Arena, LP
Zara - Downtown Retail $227,904 Misc. FundsTIF Debt ServiceJemal's Cayre Woodies
$104,204,649Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 3 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
3
Hearst ES Modernization / Renovation
$13,535,000 DCPSExpenditures on Contracts
Not Specified
Janney ES Modernization $4,850,000 DCPSExpenditures on Contracts
Not Specified
Mann ES Modernization / Renovation
$22,020,000 DCPSExpenditures on Contracts
Not Specified
Rose/Reno School Small Cap Project
$8,655,000 DCPSExpenditures on Contracts
Not Specified
$49,060,000Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 4 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
4
Lafayette ES Modernization / Renovation
$2,100,000 DCPSExpenditures on Contracts
Not Specified
Roosevelt HS Modernization $37,686,000 DCPSExpenditures on Contracts
Not Specified
Shepherd ES Modernization / Renovation
$6,678,000 DCPSExpenditures on Contracts
Not Specified
Walter Reed Development $1,000,000 DMPEDExpenditures on Contracts
Not Specified
West ES Modernization / Renovation
$6,799,000 DCPSExpenditures on Contracts
Not Specified
Georgia Commons $328,148 (None - Tax Expenditure)
Tax Abatements*
Jair Lynch/AHD
Park Place at Petworth $160,997 (None - Tax Expenditure)
Tax Abatements*
CJUF II Petworth LLC
4100 Georgia Ave $211,727 (None - Tax Expenditure)
Tax Exemptions*
4100 Georgia Avenue LP
Gateway Market Center (Note 2)
$0 (None - Tax Expenditure)
Tax Exemptions*
Sang Oh Development, LLC
Georgia Ave CVS $136,430 Misc. FundsTIF Debt ServicePetworth Triangle LLC (Lakritz/Adler)
$55,100,302Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 5 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
5
Brookland MS Modernization $37,651,000 DCPSExpenditures on Contracts
Not Specified
Dunbar SHS Modernization $8,611,000 DCPSExpenditures on Contracts
Not Specified
McMillan Site Redevelopment $1,400,000 DMPEDExpenditures on Contracts
Not Specified
Spingarn Career and Technical Education
$3,000,000 DCPSExpenditures on Contracts
Not Specified
Woodridge Library $4,800,000 DCPLExpenditures on Contracts
Not Specified
Rhode Island Metro Plaza $612,000 Misc. FundsPILOT Debt Service
Urban Atlantic
Eckington One $970,382 (None - Tax Expenditure)
Tax Exemptions*
NoMA West Residential I LLC
New Columbia Community Land Trust
$1,967 (None - Tax Expenditure)
Tax Exemptions*
New Columbia Cmty Land Trust
SOME, Inc. & Affiliates $193,565 (None - Tax Expenditure)
Tax Exemptions*
Affordable Housing Opportunities, Inc.
St. Martin's Apartments $446,606 (None - Tax Expenditure)
Tax Exemptions*
Catholic Charities
Fort Lincoln Retail $1,298,100 Misc. FundsTIF Debt ServiceFort Lincoln Retail LLC
$58,984,620Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 6 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
6
Payne ES Renovation / Modernization
$6,302,000 DCPSExpenditures on Contracts
Not Specified
Shaw MS Modernization $4,410,000 DCPSExpenditures on Contracts
Not Specified
Stuart Hobston MS Renovation $17,433,000 DCPSExpenditures on Contracts
Not Specified
WASA New Facility $9,000,000 DMPEDExpenditures on Contracts
Not Specified
H Street Retail Area grants $5,000,000 DMPEDGrantsNot Specified
Southeast Federal Center PILOT Debt to be Issued
$2,278,800 Misc. FundsPILOT Debt Service
Forest City
Southeast Federal Center/The Yards
$397,849 Misc. FundsPILOT Debt Service
Forest City
Southwest Waterfront $820,000 Misc. FundsPILOT Debt Service
Held by District
US DOT PILOT- Anacostia Waterfront Projects
$10,547,447 Misc. FundsPILOT Debt Service
Bondholders
Ballpark Revenue Debt Service $33,509,654 Misc. FundsRevenue Bond Debt Service
Bondholders
National Public Radio, Inc. $904,812 (None - Tax Expenditure)
Tax Abatements*
National Public Radio
New Residential Development: 555 Mass Ave
$259,909 (None - Tax Expenditure)
Tax Abatements*
246 Individual Owners
New Residential Development: K St NW
$307,775 (None - Tax Expenditure)
Tax Abatements*
Quadrangle Development
NoMa Area Residential Development**
$4,462,350 (None - Tax Expenditure)
Tax Abatements*
Not Specified
Nonprofit Tax Abatement: American Iron & Steel Institute
$109,968 (None - Tax Expenditure)
Tax Abatements*
American Iron and Steel Institute
Nonprofit Tax Abatement: Case Western Reserve
$43,200 (None - Tax Expenditure)
Tax Abatements*
Case Western Reserve University
American Psychological Association
$1,321,113 (None - Tax Expenditure)
Tax Exemptions*
APA 750 LLC
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 7 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
6
Center Leg Freeway PILOT $1,780,521 (None - Tax Expenditure)
Tax Exemptions*
Louis Dreyfus Property Group
DC Teachers Federal Credit Union
$49,651 (None - Tax Expenditure)
Tax Exemptions*
DC Teachers Federal Credit Union
Golden Rule Rehabiliation Project
$343,159 (None - Tax Expenditure)
Tax Exemptions*
Golden Rule Place, Inc.
Kelsey Gardens Redevelopment Project
$367,638 (None - Tax Expenditure)
Tax Exemptions*
Metropolitan Develop. /Deliverance Church
Randall School Development $495,425 (None - Tax Expenditure)
Tax Exemptions*
Corcoran Gallery
Third & H Streets, N.E. Development Project
$1,501,000 Misc. FundsTax Exemptions*
Steuart Development
Arena Stage $12,590,000 Misc. FundsTIF Debt ServiceArena Stage
Capitol Hill Towers $506,000 Misc. FundsTIF Debt ServiceNJA Development Partners
City Market at O Street (Note 3)
$1,877,000 Misc. FundsTIF Debt ServiceBondholders
Mandarin Oriental Hotel $4,504,100 Misc. FundsTIF Debt ServiceBondholders
Waterfront Park Maintenance Fund
$449,296 Misc. FundsTIF Debt ServiceCapitol Riverfront
$121,571,667Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 8 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
7
Aiton ES Renovation / Modernization
$3,500,000 DCPSExpenditures on Contracts
Not Specified
Houston ES Renovation / Modernization
$9,360,000 DCPSExpenditures on Contracts
Not Specified
Plummer ES Renovation / Modernization
$9,453,000 DCPSExpenditures on Contracts
Not Specified
River Terrace Special Education Center
$8,182,000 DCPSExpenditures on Contracts
Not Specified
Skyland Clean Team $100,000 DMPEDExpenditures on Contracts
Not Specified
Skyland Shopping Center $40,000,000 DMPEDExpenditures on Contracts
Not Specified
2323 Pennsylvania Ave SE Redevelopment Project
$93,158 (None - Tax Expenditure)
Tax Abatements*
Chapman Development
4427 Hayes Street, N.E. $19,014 (None - Tax Expenditure)
Tax Exemptions*
Blue Skye Development LLC
800 Kenilworth Avenue Northeast Redevelopment
$143,384 (None - Tax Expenditure)
Tax Exemptions*
Chapman Development LLC
Beulah Baptist Church $59,000 (None - Tax Expenditure)
Tax Exemptions*
Beulah Baptist Church Of Deanwood Heights
Carver Low-Income & Senior Housing
$134,485 (None - Tax Expenditure)
Tax Exemptions*
Carver 2000 Tenants Association
Parkside Terrace Development Project
$174,977 (None - Tax Expenditure)
Tax Exemptions*
Parkside Terrace Development LLC
$71,219,018Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 9 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
8
Ballou SHS $85,153,000 DCPSExpenditures on Contracts
Not Specified
Johnson MS Renovation / Modernization
$11,000,000 DCPSExpenditures on Contracts
Not Specified
Kramer MS Modernization / Renovation
$10,205,000 DCPSExpenditures on Contracts
Not Specified
Lincoln Heights, Richardson Dwellings
$1,000,000 DMPEDExpenditures on Contracts
Not Specified
Malcolm X Modernization $21,870,000 DCPSExpenditures on Contracts
Not Specified
Orr ES Modernization / Renovation
$14,807,000 DCPSExpenditures on Contracts
Not Specified
Poplar Point $1,000,000 DMPEDExpenditures on Contracts
Not Specified
Saint Elizabeth's E Campus Infrastructure
$29,500,000 DMPEDExpenditures on Contracts
Not Specified
St. Elizabeths $9,564,777 DMPEDExpenditures on Contracts
Not Specified
Stanton ES Modernization /Renovation
$11,422,000 DCPSExpenditures on Contracts
Not Specified
Affordable Housing Opportunities, Inc. Project
$185,990 (None - Tax Expenditure)
Tax Exemptions*
Affordable Housing Opportunities
Allen Chapel AME Church Senior Residences
$33,506 (None - Tax Expenditure)
Tax Exemptions*
Allen Chapel AME Church
Douglass Knoll, 1728 W Street and Wagner Gainsville
$139,936 (None - Tax Expenditure)
Tax Exemptions*
Non-Profit Community Develop Corp
Way of the Cross Church of Christ
$18,013 (None - Tax Expenditure)
Tax Exemptions*
Way of the Cross Church of Christ Inc
Wayne Place Senior Living $49,008 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
$195,948,230Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 10 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
Not Specified
ADA Compliance $1,217,000 DCPSExpenditures on Contracts
Not Specified
Asset Management, Rentals and Utilities
$3,300,745 DMPEDExpenditures on Contracts
Not Specified
Bank On Project $50,000 DMPEDExpenditures on Contracts
Not Specified
Boiler Repairs $7,000,000 DCPSExpenditures on Contracts
Not Specified
Business Development Support
$1,300,000 DMPEDExpenditures on Contracts
Not Specified
Business Opportunities and Access to Capital
$184,085 DSLBDExpenditures on contracts
Not Specified
Challenger Center for Space Education
$500,000 DCPSExpenditures on Contracts
Not Specified
CHW Solution $200,000 DMPEDExpenditures on Contracts
Not Specified
Commercial Revitalization $36,333 DSLBDExpenditures on contracts
Not Specified
Commercial Revitalization $112,498 DSLBDExpenditures on contracts
Not Specified
Contractuals, Financial and Legal Services
$1,220,222 DMPEDExpenditures on Contracts
Not Specified
Early Learning Center $1,800,000 DCPSExpenditures on Contracts
Not Specified
Economic Development $1,102,500 DMPEDExpenditures on Contracts
Not Specified
Economic Development Pool $1,500,000 DMPEDExpenditures on Contracts
Not Specified
ES/MS Modernization Capital Labor Program
$5,278,863 DCPSExpenditures on Contracts
Not Specified
General Improvement - Libraries
$4,307,312 DCPLExpenditures on Contracts
Not Specified
General Miscellaneous Repairs $2,500,000 DCPSExpenditures on Contracts
Not Specified
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 11 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
Not Specified
High School Labor - Program Management
$6,339,431 DCPSExpenditures on Contracts
Not Specified
Human Capital $2,000,000 DMPEDExpenditures on Contracts
Not Specified
Information Technology Modernization
$150,000 DCPLExpenditures on Contracts
Not Specified
IRB Bond Counsel $200,000 DMPEDExpenditures on Contracts
Not Specified
IT Infrastructure Upgrade $4,500,000 DCPSExpenditures on Contracts
Not Specified
Life Safety $850,000 DCPSExpenditures on Contracts
Not Specified
Local Business Promotion $350,000 DMPEDExpenditures on Contracts
Not Specified
Major Repairs/Maintenance $4,000,000 DCPSExpenditures on Contracts
Not Specified
New Communities $40,000,000 DMPEDExpenditures on Contracts
Not Specified
Parades and Festivals $107,000 DMPEDExpenditures on Contracts
Not Specified
Project Management / Professional Fees
$570,010 DCPSExpenditures on Contracts
Not Specified
Regional Economic Development
$75,000 DMPEDExpenditures on Contracts
Not Specified
Roof Repairs $963,000 DCPSExpenditures on Contracts
Not Specified
Selective Additions / New Construction Lab
$289,990 DCPSExpenditures on Contracts
Not Specified
Small Business Support $1,000,000 DMPEDExpenditures on Contracts
Not Specified
Stabilization Capital Labor - Program MG
$965,000 DCPSExpenditures on Contracts
Not Specified
Various Film DC Activities $316,000 Film DCExpenditures on Contracts
Not Specified
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 12 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
Not Specified
Window Replacement $3,039,000 DCPSExpenditures on Contracts
Not Specified
Workforce Development $6,239,738 DOESExpenditures on contracts
Not Specified
Workforce Intermediary $1,351,834 DMPEDExpenditures on Contracts
Not Specified
CDBG Activities $1,800,000 DMPEDGrantsNot Specified
Citiwide Economic Development Initiatives
$1,000,000 DMPEDGrantsNot Specified
Commercial Revitalization $1,899,179 DSLBDGrantsNot Specified
Community Services - Commerical Revitalization
$1,890,407 DHCDGrantsNot Specified
Development Finance Division $94,545,456 DHCDGrantsNot Specified
Earned-Income Tax Credit Marketing and Outreach
$400,000 DMPEDGrantsNot Specified
Great Street grant program $5,000,000 DMPEDGrantsNot Specified
Property Acquisition and Disposition Division
$2,517,480 DHCDGrantsNot Specified
Workforce Development $27,307,983 DOESGrantsNot Specified
PILOT Revenues in Excess of Debt Service (Note 1)
$1,684,904 Misc. FundsPILOT Debt Service
Not Specified
Housing Production Trust Fund Bond Debt Service
$7,823,585 Misc. FundsRevenue Bond Debt Service
Bondholders
Business Income Tax Reduction for QHTCs**
$5,396,000 (None - Tax Expenditure)
Tax CreditsNot Specified
Certified capital investment (CAPCO)**
$4,000,000 (None - Tax Expenditure)
Tax CreditsNot Specified
Employee Relocation Incentives for QHTCs**
$3,640,000 (None - Tax Expenditure)
Tax CreditsNot Specified
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 13 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
Not Specified
Technology Sector Enhancement Act
$399,000 (None - Tax Expenditure)
Tax CreditsNot Specified
Development of a Qualified Supermarket, Restaurant or
$2,659,000 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
International House of Pancakes Restaurant
$39,855 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
Nonprofit Affordable Housing Developer Tax Relief Act
$355,000 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
Personal Property Tax for QHTCs**
$182,000 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
Personal Property Tax for Qualified Supermarkets**
$312,000 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
Sales Tax Exemptions for Materials Used in
$549,000 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
Sales Tax Exemptions for QHTCs**
$657,000 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
Technology Purchase Sales Tax Exemptions for QHTCs**
$179,000 (None - Tax Expenditure)
Tax Exemptions*
Not Specified
United House of Prayer for All People
$407,855 (None - Tax Expenditure)
Tax Exemptions*
United House of Prayer for All People
TIF revenues in excess of debt service (Note 1)
$13,857,016 Misc. FundsTIF Debt ServiceNot Specified
$283,417,281Ward Subtotal **
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 14 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.
Ward Subtype/Description Value of Incentive
Agency
Appendix III: Detailed Economic Development Budget by Ward
Method of Expenditure
Recipient
$943,885,429Grand Total all Incentive Types
Notes
** Value as estimated by the Office of Revenue Analysis in the District of Columbia Tax Expenditure Estimates included in the FY14 Proposed Budget and Financial Plan.
1. Bond documents for certain TIF and PILOT projects require all project-based tax increment (or PILOT) to pre-pay principal on outstanding debt. The budgeted contingency reflects these expected payments.
2. The project is designated for a future tax abatement, exemption, or credit; conditions for receiving such abatement or exemption are not expected to be reached during FY14.
3. Payments due on these bonds will be paid during FY14 from a capitalized interest account funded at bond issuance.
District of Columbia Unified Economic Development Report on Proposed FY14 Budget
Page 15 of 15 in Appendix III
* Estimated value of tax abatements and exemptions based on information currently available. The final determination of abatement or exemption granted is made by the Office of Tax and Revenue subject to eligibility requirements, in accordance with applicable DC Code provision, and may differ from the estimate shown here.
** See Appendix IV for economic development items in existing capital budget.