Fiscal Accountability and Homeownership Opportunity Act of 2026

Where it is in the process

Plain-English Summary

As introduced, Bill 26-645 would authorize deposits of certain recaptured downtown conversion tax abatements into the Home Purchase Assistance Fund. It would establish clawback provisions for certain downtown conversion tax abatements and redirect recaptured amounts to the Home Purchase Assistance Fund. Among other things, it would require the publication of biennial tax expenditure reviews and require the Office of the Chief Financial Officer to publish a regional economic competitiveness dashb…

Source: Legistar · DC Council · fetched April 3, 2026

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