- (a) The District's contribution to the Stadium budget and the expenditure of funds for the construction of the Stadium shall not exceed $500 million.
- (b) The contribution from the District and its instrumentalities to the purchase of the parking garages and the expenditure of funds for the purchase of the parking garages shall not exceed $175 million from the District and $181 million from EventsDC.
- (c) The District's contribution to Stadium maintenance, repairs, and capital expenses shall be limited to the amount of funds available in the Stadium Maintenance Fund.
- (d) The District shall not provide additional tax abatements, tax exemptions, or subsidies for development of the remainder of the Development Site; provided, that the foregoing prohibition shall not be deemed to restrict the utilization of tax-exempt bond financing, federal low-income housing tax credits, or housing vouchers for the Development Site.
Emergency Legislation
For temporary (90 days) creation of this section, see § 7 of Robert F. Kennedy Campus Redevelopment Emergency Amendment Act of 2025 (D.C. Act 26-150, Sept. 25, 2025, 72 DCR 10584).
History
Nov. 21, 2025, D.C. Law 26-54, § 7