Clarifies rent stabilization exemption for LIHTC properties in the District of Columbia.
The LIHTC Rent Stabilization Exemption Clarification Amendment Act of 2025 amends the Tax Credit Fund Act of 2004 to clarify the applicability of rent stabilization exemptions for Low-Income Housing Tax Credit (LIHTC) properties. This act ensures that the specified applicability section applies as of July 17, 1985, and adopts the fiscal impact statement from the committee report. It will take effect following approval by the Mayor and a 30-day period of congressional review.
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