District of Columbia Code
Subchapter IV - Financial Affairs of the Agency
§ 42–2704.10. District tax exemptions; payments in lieu; exceptions

(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

District of Columbia Code

Title 42 - Real Property

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

§ 42–2704.02. Issuance of bonds and notes; renewals and refunds; deemed obligations of Agency; negotiable instruments; director, employer, or agent not personally liable

§ 42–2704.03. Terms for sale of bonds and notes; effect of resolution authorizing sale; pledge of agency and lien thereon; signature valid after officeholder vacates

§ 42–2704.04. Trust indenture to secure bonds or notes; provisions protecting holders; expenses treated as operating expenses

§ 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

§ 42–2704.07. No limitation, alteration, or impairment of rights and remedies of bondholders and noteholders

§ 42–2704.08. Faith and credit and taxing power of District not pledged on obligation; statement thereto

§ 42–2704.09. Bonds and notes as legal investments and securities

§ 42–2704.10. District tax exemptions; payments in lieu; exceptions

§ 42–2704.11. Deposits; payments out of accounts; contracts involving monies held in trust or otherwise for payment of notes or bonds

§ 42–2704.12. Investment of funds with financial institution or company doing business with Republic of South Africa. [Repealed]

§ 42–2704.13. Investment of funds with financial institution or company doing business with Northern Ireland