A bill to amend the District of Columbia Self-Government and Governmental Reorganization Act to authorize the Council of the District of Columbia to delegate its authority to issue revenue bonds for undertakings in the area of housing to any housing finance agency established by it and to provide that payments of such bonds may be made without further approval.
PL 96-235 (H.R.3824), enacted 04/12/1980

PUBLIC LAW 96-235—APR. 12, 1980 
94 STAT. 335 
Public Law 96-235 
96th Congress 
An Act 
To amend the District of Columbia Self-Govemment and Governmental Reorganiza-
tion Act to authorize the Council of the District of Columbia to delegate its 
authority to issue revenue bonds for undertakings in the area of housing to any 
housing finance agency established by it and to provide that payments of sucn 
bonds may be made without further approval. 
Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled. That section 490 of 
the District of Columbia Self-Govemment and Governmental Reorga-
nization Act, relating to revenue bonds and other obligations, is 
amended by adding after subsection (f) the following new subsection: 
"(gXD The Council may delegate to any housing finance agency 
established by it (whether established before or after the date of the 
enactment of this subsection) the authority of the Council under 
subsection (a) to issue revenue bonds, notes, and other obligations to 
borrow money to finance or assist in the financing of undertakings in 
the area of primarily low- and moderate-income housing. The Council 
shall define for the purposes of the preceding sentence what under-
takings shall constitute undertakings in the area of primarily low-
and moderate-income housing. Any such housing finance ajgency may 
exercise authority delegated to it by the Council as described m the 
first sentence of this paragraph (whether such delegation is made 
before or after the date of the enactment of this subsection) only in 
accordance with this subsection. 
"(2) Revenue bonds, notes, and other obligations issued by a 
housing finance agency of the District under a delegation of authority 
described in paragraph (1) shall be issued by resolution of the agency, 
and any such resolution shall not be considered to be an act of the 
Council. 
"(3) The fourth sentence of section 446 shall not apply to (A) the 
expenditure of funds derived from the sale of any revenue bond, note, 
or other obligation issued by a housing finance agency established by 
the Council to which a delegation of authority described in paragraph 
(1) has been made, (B) the creation by such an agency of a security 
interest in the revenues or assets of such agency in connection with 
the sale of any such bond, note, or other obligation, or (C) the 
pa5mient (as to either principal or interest or both) of any such bond, 
note, or other obligation.". 
Approved April 12, 1980. 
Apr. 12, 1980 
[H.R. 3824] 
B.C. 
Revenue bonds 
for housing, 
issuance. 
Delegation of 
authority. 
D.C. Code 47-254. 
D.C. Code 
47-224. 
LEGISLATIVE HISTORY: 
HOUSE REPORTS: No. 96-129 (Comm. on the District of Columbia) and No. 96-830 
(Comm. of Conference). 
SENATE REPORTS: No. 96-262 (Comm. on Governmental Affairs) and No. 96-619 
(Comm. of Conference). 
CONGRESSIONAL RECORD: 
Vol. 125 (1979): May 14, considered and passed House. 
Aug. 2, considered and passed Senate, amended. 
Vol. 126 (1980): Mar. 11, Senate agreed to conference report. 
Apr. 1, House agreed to conference report. 
WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS: 
Vol. 16, No. 16 (1980): Apr. 12, Presidential statement. 
79-194 O—81—pt. 1 
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