Citywide Economic Incentives
The Fenty Administration's goal is to ensure Washington, DC is a 21st century, globally competitive, sustainable world-class capital city. That means encouraging growth and investment across the District, providing and preserving affordable housing, attracting high quality retail to our neighborhoods and Center City and revitalizing our waterfronts. Our job is to bring federal, nonprofit and private partners together to expand the District's tax bases, attract and retain businesses of all sizes, bring good-paying jobs for residents and strengthen business climate.
The District of Columbia is a great place to do business. We have:
- Unparalleled access to the federal government
- One of the country's most diverse, highly-educated and talented workforces
- A superb public transit network
- Proximity to major universities and other educational centers
- A vibrant international community clustered around global finance and international policy
- A rich, cosmopolitan array of culture, entertainment and the arts
- Industry-leading organizations in the legal, professional services, hospitality and nonprofit sectors.
Our business attraction and retention efforts are focused on building on these strengths and offering a full complement of practical tools and incentives to not only encourage businesses and organizations of all sizes to locate here, but to stay here and grow.