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D.C. will spend $150 million in tax funds to help finance Lansdowne 2.0, a private redevelopment near Nationals Park aimed at boosting housing, retail, and green space.
The financing plan for Lansdowne 2.0, a redevelopment project in Washington, D.C., involves a mix of public and private funding, with the city contributing $150 million in tax increment financing and private investors providing the remainder.
The project aims to revitalize the area around the Nationals Park stadium, including new housing, retail, and green space.
The funding structure is designed to support economic growth and improve infrastructure without increasing the city’s general budget.
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D.C. gastará $150 millones en fondos de impuestos para ayudar a financiar Lansdowne 2.0, una remodelación privada cerca del Parque Nacional con el objetivo de impulsar la vivienda, el comercio minorista y el espacio verde.