Attention taxpayers and business owners: The increase in the general sales tax rate to 7% has been postponed. The general sales tax rate remains 6% through September 30, 2027.

The September 2026 revenue estimate has been released: OCFO Releases September 2026 Revenue Estimates for FY 2026-2030 | cfo

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Office of the Chief Financial Officer

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1350 Pennsylvania Avenue, NW, Suite 203, Washington, DC 20004
Phone: (202) 727-2476
Fax: (202) 727-1643
TTY: 711
Email: [email protected]

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Glen Lee, Chief Financial Officer

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Projects Financed in the District - Capitol Hill Tower

Capitol Hill Tower Project

The Capitol Hill Tower project is a mixed-use development that includes 344 residential units, including 128 affordable housing units, a 200-room Courtyard by Marriott Hotel, a 230 space parking garage and approximately 10,000 sf of retail space.

Subsidy: $10 million

Type of Financing: TIF

Developer: NJA Development Partners

Capitol Hill Tower

Photo Courtesy: Basile, Baumann, Prost, Cole & Associates, Inc.

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Projects Financed in the District - Capitol Hill Tower

Capitol Hill Tower Project