The LIHTC Rent Stabilization Exemption Clarification Amendment Act of 2026 amends the District of Columbia Rental Housing Act of 1985 to clarify that rental units participating in the Low-Income Housing Tax Credit (LIHTC) program are exempt from the Rent Stabilization Program. Specifically, the bill modifies Section 205(a)(1) by deleting the existing phrase and inserting a new definition that includes any rental unit for which the housing provider receives tax credits under the LIHTC program.
This amendment is retroactively applicable as of July 17, 1985, and will take effect following approval by the Mayor and a 30-day congressional review period. The bill also includes a fiscal impact statement adopted from the committee report, ensuring that the financial implications of the amendment are acknowledged.