§ 10–1221.14. Recovery zone designation.

(a) The Mayor may designate recovery zones pursuant to sections 1400U-1, 1400U-2, and 1400U-3 of the Internal Revenue Code of 1986, approved February 17, 2009 (123 Stat. 348; 26 U.S.C. §§ 1400U-1, 1400U-2, and 1400U-3).

(b) Square 370, having been determined to be an area of general distress, is designated as a recovery zone.