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Department of Housing and Community Development
 

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Department of Housing and Community Development

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1909 Martin Luther King Jr. Avenue SE, Washington, DC 20020
Phone: (202) 442-7200
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If D.C. expands rent control, impacted landlords could win huge tax breaks. That's alarming lawmakers.

Date Released: 
Wed, 09/23/2020

"Certificates of assurance” might sound like dry legal documents, but they could generate windfalls for D.C. landlords or perhaps even handcuff lawmakers if they ever try to expand rent control protections in the city.

Its technical-sounding name aside, the principle behind these certificates is relatively simple: if D.C. expands its definition of which buildings fall under rent control, the owners of any affected properties can ask for a tax credit to offset that change….

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