Commercial Space and Capital Support

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Support longtime DC businesses developing one or more pilot programs to incentivize affordable commercial space for small businesses and CBEs, including opportunities for businesses to purchase their real estate. The programs could employ CBE requirements flexibility, entitlements flexibility, funding or tax incentives to support the costs.

  • Timeline: FY18-20
  • Lead and key partners: Office of the Deputy Mayor for Greater Economic Opportunity (DMGEO), Office of the Deputy Mayor for Planning and Economic Development (DMPED), Dept. of Small and Local Business Development (DSLBD)
  • Related core sectors: retail, hospitality and tourism, real estate and construction, media and communications, creative economy, professional services, health and life sciences
  • Related opportunity areas: n/a
  • Related action areas: space and supports, funding, DC identity and promotion