D.C.’s streets and office buildings are fuller now than they were for most of 2020, but foot traffic and the economic activity that comes with it remain far below pre-pandemic levels.
With the situation only slowly improving, D.C. officials are considering a slew of new incentives aimed at breathing new life into the city’s business core.
A bill introduced by Councilmembers Brooke Pinto, D-Ward 2, and Christina Henderson, D-At large, proposes three new tax incentives and grant programs designed to spur activity, including a deeper real property tax abatement to encourage conversion of office buildings to residential and temporary tax relief for innovative companies that relocate to D.C.
