The proposed "Supermarket Tax Incentive Expansion Approval Resolution of 2024" aims to broaden the geographic scope of the Supermarket Tax Incentive Program in Washington, D.C. This expansion will include downtown areas and several Northeast neighborhoods, specifically Woodridge, North Michigan Park, Lamond Riggs, Queens Chapel, and Fort Totten. The initiative is designed to attract grocery stores to these regions, which currently have limited access to fresh food options. By providing tax exemptions on property and sales, the resolution seeks to stimulate investment in areas that lack sufficient grocery retailers, thereby enhancing food access for residents and supporting the District's goal of increasing downtown population density.

The resolution highlights the need for grocery options to keep pace with residential development, particularly in downtown, where the District plans to add 15,000 residents by 2028. The expansion is expected to not only improve food accessibility but also recapture spending that currently occurs outside the District, as many residents travel to neighboring jurisdictions for grocery shopping. The financial implications of the resolution have been reviewed, and it has been determined that funds are sufficient to implement the expansion without immediate impact on the number of supermarkets, as no new stores are currently under construction in the newly eligible areas.