District Of Columbia 2023 2023-2024 Regular Session

District Of Columbia Council Bill PR25-1055 Enrolled / Bill

Filed 11/12/2024

                      	ENROLLED ORIGINAL 
 
 
 
1 
 
A RESOLUTION 
  
25-705  
IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 
 
November 12, 2024 
 
To declare the existence of an emergency with respect to the need to amend the Rental Housing 
Act of 1985 to enact a moratorium on applications for, and the Mayor’s issuance  of, 
certificates of assurance associated with District rent stabilization laws	. 
 
RESOLVED, BY THE COUNCIL DISTRICT OF COLUMBIA, That this resolution 
may be cited as the “Certificate of Assurance Moratorium Emergency Declaration 
Resolution of 2024”. 
 
Sec. 2. (a) Section 221 of the Rental Housing Act of 1985, effective July 17, 2985 (	D.C. 
Law 6-10; D.C. Official Code § 42- 3502.21), allows owners of housing accommodations to 
apply for certificates of assurance from the Mayor, which  provide that in the event the owner’s 
properties become subject to rent stabilization , the owners would recover , in the form of a 
District real estate tax credit, the difference between the annual fair market rent	s and the annual 
amount of stabilized rent s the owners receive from the tenants in the housing accommodations 
(“program”).  
(b) Because the certificate of assurance 	entitlement lasts for as long as the properties 
remain housing accommodations	, the entitlement may create a potentially prohibitive fiscal 
impact on future reform legislation	.  
(c) Implementation barriers and concerns kept the program from ever being fully 
operational.  
(d) On September 22, 2020, the Council passed the Certificate of Assurance Moratorium 
Emergency Amendment Act of 2020 (	D.C. Act 23- 454; 67 DCR 13216), which placed an 
emergency moratorium on applications for, and the Mayor’s issuance of, c ertificates of assurance 
to owners of housing accommodations.  
(e) The Council has extended the moratorium through subsequent emergency and 
temporary acts.  
(f) The Certificate of Assurance Moratorium Emergency Amendment Act of 2024 is 
necessary to maintain the status quo while permanent legislation is considered. 
 
Sec. 3. The Council determines that the circumstances enumerated in section 2 constitute 
emergency circumstances making it necessary that the Certificate of Assurance Moratorium 
Emergency Amendment Act of 2024 be adopted after a single reading. 
 
Sec. 4. This resolution shall take effect immediately.