Avanti Real Estate Services, LLC Real Property Tax Relief Temporary Act of 2025

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Plain-English Summary

This bill allows the Chief Financial Officer of the District of Columbia to forgive up to $377,000 in property taxes, interest, and fees for a property owned by Avanti Real Estate Services, LLC. This tax relief applies to Lot 123, Square 2836, located at 3421 14th Street, NW, if the property is used by Avanti Real Estate Services, LLC to provide real estate services, create generational wealth through homeownership, employ District residents, and offer real estate education and training. If the taxes are forgiven, any related tax sales of the property will be canceled.

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