Top Banner
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. Funds TIF Debt Service Bondholders Howard Theatre $434,140 Misc. Funds TIF Debt Service Howard Theatre Restoration Co. $4,379,662 Ward 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.
15

Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

Apr 28, 2018

Download

Documents

buikhanh
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 2: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 3: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 4: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 5: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 6: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 7: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 8: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 9: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 10: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 11: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 12: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 13: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 14: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.

Page 15: Ward Subtype/Description Value of Recipient Method … Subtype/Description Value of Incentive Agency ... Zara - Downtown Retail ... Case Western Reserve $43,200 (None - Tax Expenditure)

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.