Each housing provider required to register under this chapter, including those otherwise exempt from rental control and registration pursuant to § 42-3502.05(a)(3) , shall pay a fee of $21.50 for each rental unit in a housing accommodation registered by the housing provider. The fee shall be paid annually to the District government at the time the housing provider applies for a basic business license or a renewal of the basic business license; or in the case of a housing accommodation for which no basic business license is required, at the time and in the manner the Commission may determine. The fees shall be deposited in the fund established pursuant to § 42-3131.01(b) . Repealed. A nonprofit rental housing provider shall be exempt from the rental unit fee if the provider: Establishes rent schedules for 440 or more subsidized housing units affordable to tenants from low-income, very-low income, or extremely low-income households, as these incomes are defined in § 42-2801 ; and Does not receive subsidies but whose income-restricted units would otherwise satisfy the eligibility requirements under: The Housing Choice Voucher Program under 42 U.S.C. § 1437(f); or The Low Income Housing Tax Credit under 26 U.S.C. § 42. For the purposes of this section, the term “nonprofit rental housing provider” means an organization operating rental units or housing accommodations on a nonprofit basis under which no part of the net earnings of the housing provider inure to the benefit of or are distributable to its directors, officers, or any other private individual except as reasonable compensation for services rendered to the nonprofit housing provider.
‹ Prev All District Of Columbia sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.