OTR Agrees to Help Small Businesses on H St.
WI Web Staff Report | 7/20/2011, 1:29 p.m.
WASHINGTON - Ward 6 Councilman Tommy Wells recently received news that the Office of Tax and Revenue has agreed to his request to postpone the tax sale of several buildings on H Street N.E. that house small businesses.
"Businesses like George's Place and Mason's Barber Shop are long-time businesses on H Street NE and institutions on this corridor," Wells said in a statement. "There's no doubt the long construction schedule hurt their business and the extra time and relief fund are needed to assist these stores and protect the historic fabric that makes up the H St NE corridor."
The move will provide additional time to resolve tax issues and give the Streetscape Relief Fund a chance to offer assistance to help these businesses. It was also noted that properties on the tax sale deemed vacant, blighted, or vacant lots were not postponed.
The City Council has approved the final budget pieces needed to start the Streetscape Relief Fund created last year for small businesses negatively impacted by long street construction projects. The streetscape relief fund will make approximately $723,000 available to small businesses for assistance. The Mayor's office will be implementing and administering the relief effort.