Browsing Tag

Tax Increment Financing

jonetta rose barras: Reunion Square and the future of Ward 8

jonetta rose barras Sep 26, 2019

The economic development solution for what ails communities east of the Anacostia River is complicated. There are legitimate concerns about displacement of residents. Simultaneously, there are real issues about expanding the middle…

Colbert King in The Post: Why did a D.C. Council member put the kibosh on a much-needed project?

Editor Jan 25, 2019

In an Oct. 2 news release, Mayor Muriel E. Bowser (D) announced a proposal for mixed-use development in Ward 8, the city’s most impoverished community, located east of the Anacostia River. The ambitious project, Bowser stated, would be…

Washington Business Journal: D.C. Council approves TIF financing for MidCity’s Rhode Island…

Editor Dec 18, 2018

The D.C Council voted in unanimous support of a TIF bond to fund up to $47 million in public infrastructure for a 1.9 million-square-foot mixed-use Rhode Island Avenue project in Ward 5.

City Paper: Trayon White Halts Proposed Multi-Million-Dollar Retail and Residential Project in…

Editor Nov 28, 2018

Ward 8 Councilmember Trayon White has asked Jack Evans, Ward 2 Councilmember and chairman of the Council's finance and revenue committee, not to mark up a bill that would divert some $60 million in tax increment bond financing to a…

Opinion

jonetta rose barras: Steamrolled in Ward 8?

jonetta rose barras Oct 9, 2018

Mayor Muriel Bowser threw down two legislative proposals last week that could escalate economic development at Reunion Square in downtown Anacostia in Ward 8 and at Ward 5’s Brookland Manor on Rhode Island Avenue NE, an apartment complex…

Washington Business Journal: Big D.C. projects could be backed by $100M+ in TIF bonds

Editor Oct 4, 2018

Two large developments planned in D.C. could get a significant financial boost with the approval of two pieces of recently introduced legislation that would provide the projects with more than $100 million in tax-increment financing.

WUSA9: Mayor Bowser announces TIF proposal for big Southeast, DC project

Editor Oct 3, 2018

WASHINGTON -- Mayor Muriel Bowser's office had some big news Tuesday for a major mixed-use development east of the Anacostia River. The office announced that it introduced a bill to provide tax increment financing for the Reunion Square…

Mayor Bowser Announces First-Ever Tax Increment Financing Proposal for Ward 8 Development

Press Release Oct 2, 2018

FOR IMMEDIATE RELEASE: October 2, 2018 CONTACT: LaToya Foster (EOM) Chanda Washington (DMPED) Mayor Bowser Announces First-Ever Tax Increment Financing Proposal for Ward 8 Development Legislation Introduced by the Mayor Will Create a…

Latest

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The House Appropriations Committee is slated to act Tuesday or Wednesday on the fiscal year 2027 funding bill that includes DC appropriations — as well as a slate of DC-related budget riders.

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The Republican-run House Appropriations Committee this morning released the text of a proposed fiscal year 2027 funding bill that includes appropriations for DC — with the broad array of riders…

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