(a) Assets and income of the Agency or of any entity established by the Agency pursuant to § 42-2703.01(20C) are exempt from District taxation. The Agency may make, at its discretion, payment in lieu of taxation.
(b) Bonds and notes issued by the Agency and the interest thereon are exempt from District taxation except estate, inheritance, and gift taxes.
(Mar. 3, 1979, D.C. Law 2-135, § 410, 25 DCR 5008; Mar. 25, 2003, D.C. Law 14-239, § 2(f), 49 DCR 11162.)
1981 Ed., § 45-2140.
1973 Ed., § 45-1925.
D.C. Law 14-239, in subsec. (a), substituted “of the Agency or of any entity established by the Agency pursuant to § 42-2703.01(20C)” for “of the Agency”.
Structure District of Columbia Code
Chapter 27 - Housing Finance Agency
Subchapter IV - Financial Affairs of the Agency
§ 42–2704.01. Receipt of funds; disposition thereof
§ 42–2704.01a. Repayment of funds
§ 42–2704.05. Agency’s purchase of its own bonds and notes; maximum price
§ 42–2704.06. Special or reserve funds; management and investment of funds
§ 42–2704.09. Bonds and notes as legal investments and securities
§ 42–2704.10. District tax exemptions; payments in lieu; exceptions