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PR26-0376 • 2025

Avanti Real Estate Services, LLC Real Property Tax Relief Emergency Declaration Resolution of 2025

Avanti Real Estate Services, LLC Real Property Tax Relief Emergency Declaration Resolution of 2025

Budget Taxes
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Nadeau
Last action
2025-11-21
Official status
Approved
Effective date
Not listed

Plain English Breakdown

The bill does not specify how it affects District of Columbia residents other than Avanti Real Estate Services, LLC.

Tax Help for Avanti Real Estate

This bill allows the Chief Financial Officer to use up to $377,000 from the District's budget to forgive real property taxes and related charges for a specific piece of land owned by Avanti Real Estate Services, LLC.

What This Bill Does

  • Gives the Chief Financial Officer authority to spend up to $377,000 from the District's Fiscal Year 2026 budget.
  • This money is used to cancel real property taxes, interest, penalties, fees, and other charges for a specific piece of land owned by Avanti Real Estate Services, LLC.
  • The land in question is located at 3421 14th Street NW and has a tax designation of Lot 123, Square 2836.

Who It Names or Affects

  • Avanti Real Estate Services, LLC
  • District of Columbia residents who pay real property taxes

Terms To Know

Chief Financial Officer
The person in charge of managing the District's money and budget.
Emergency Declaration Resolution
A special type of bill that allows quick action to address urgent situations.

Limits and Unknowns

  • This resolution only applies to one specific piece of property owned by Avanti Real Estate Services, LLC.
  • The exact details on how the money will be used are not provided in this summary.

Bill History

  1. 2025-11-21 Council of the District of Columbia LIMS

    Resolution R26-0246, Effective from Nov 04, 2025 Published in DC Register Vol 72 and Page 012939

  2. 2025-11-04 Council of the District of Columbia LIMS

    Retained by the Council

  3. 2025-11-04 Council of the District of Columbia LIMS

    Legislative Meeting

  4. 2025-11-04 Council of the District of Columbia LIMS

    Approved with Resolution Number R26-0246

  5. 2025-11-03 Council of the District of Columbia LIMS

    PR26-0376 Introduced by Councilmember Nadeau at Office of the Secretary

Official Summary Text

Avanti Real Estate Services, LLC Real Property Tax Relief Emergency Declaration Resolution of 2025

Current Bill Text

Read the full stored bill text
ENROLLED ORIGINAL

1

A RESOLUTION

26-246

IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

November 4, 2025

To declare the existence of an emergency with respect to the need to grant the Chief Financial
Officer the authority to utilize funds allocated in the Fiscal Year 2026 budget for the
forgiveness of up to $377,000 in real property taxes, interest, penalties, fees, and other
related charges assessed against the real property designated for tax purposes as Lot 123,
Square 2836, located at 3421 14th Street, NW (“Property”), which is owned by Avanti
Real Estate Services, LLC.

RESOLVED, BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this
resolution may be cited as the “Avanti Real Estate Services, LLC Real Property Tax Relief
Emergency Declaration Resolution of 2025”.

Sec. 2. (a) The Avanti Real Estate, Inc. Real Property Tax Exemption Amendment Act of
2024, as introduced on July 5, 2024 (Bill 25-906), was introduced by Councilmember Nadeau. A
hearing was held on the bill by the Committee on Business and Economic Development on
September 16, 2024. This legislation was reintroduced in Council Period 26 as the Avanti Real
Estate, Inc. Real Property Tax Exemption Amendment Act of 2025, as introduced on January 3,
2025 (Bill 26-0019).
(b) Nadeau Amendment No. 1, passed at second reading of the Fiscal Year 2026 Budget
Support Act of 2025, enacted on September 12, 2025 (D.C. Act 26-148; 72 DCR 9825),
allocated $377,000 in Fiscal Year 2026 for the forgiveness of real property taxes, interest,
penalties, fees, or other related charges assessed against the real property designated for tax
purposes as Lot 123, Square 2836, located at 3421 14th Street, NW, (“Property”), which is
owned by Avanti Real Estate Services, LLC, to further the purposes of providing real estate and
brokerage services, specializing in creating generational wealth through homeownership,
employing District residents, and providing education and training for employment opportunities
and careers within the real estate industry.
(b) Emergency legislation is necessary to grant the Chief Financial Officer the authority
to issue the funds allocated in the Fiscal Year 2026 budget.

Sec. 3. The Council of the District of Columbia determines that the circumstances
enumerated in in section 2 constitute emergency circumstances, making it necessary that the
ENROLLED ORIGINAL

2

Avanti Real Estate Services, LLC Real Property Tax Relief Emergency Act of 2025 be adopted
after a single reading.

Sec. 4. This resolution shall take effect immediately.