reglab/housing_qa huggingface dataset:
DC Code § 42-2601 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter I - General Provisions|§ 42-2601. Establishment; purpose; unexpended balance

There is hereby established in the District of Columbia and there is authorized, and accounted for in the General Fund as a separate revenue source allocable to provide financial assistance to low and moderate income persons, and District of Columbia Government employees participating in the District of Columbia Employer-Assisted Housing Program, and families seeking to purchase homes in the District of Columbia, for the purposes of enabling them to purchase decent, safe, and sanitary homes in the District of Columbia. Any unexpended balance at the end of the year shall be reserved as a restricted fund balance and used to provide authorization to expend for subsequent years subject to the direction of the Mayor.  (Sept. 12, 1978, D.C. Law 2-103, § 2, 25 DCR 1977; June 14, 1980, D.C. Law 3-70, § 7(1), 27 DCR 1776; Oct. 24, 1981, D.C. Law 4-44, § 2(b), 28 DCR 4265; Sept. 23, 1986, D.C. Law 6-151, § 2(a), 33 DCR 4783; June 11, 1992, D.C. Law 9-118, § 8(a), 39 DCR 3189; Mar. 20, 1998, D.C. Law 12-60, § 1101, 44 DCR 7378; Apr. 20, 1999, D.C. Law 12-259, § 2(a), 46 DCR 1316; May 9, 2000, D.C. Law 13-96, § 9(a), 47 DCR 1081.)  Prior Codifications 1981 Ed., § 45-2201. 1973 Ed., § 45-1801. Effect of Amendments D.C. Law 13-96 inserted “the District of Columbia Government employees participating in the District of Columbia Employer-Assisted Housing Program” following “low and moderate income persons.” Section 11 of D.C. Law 13-96 provided: “This act shall apply as of October 1, 1997.” Emergency Legislation For temporary (90-day) amendment of section, see § 9(a) of the Government Employer-Assisted Housing Emergency Amendment Act of 1999 (D.C. Act 13-188, December 1, 1999, 46 DCR 10407). For temporary (90-day) amendment of section, see § 9(a) of the Government Employer-Assisted Housing Legislative Review Emergency Amendment Act of 1999 (D.C. Act 13-258, February 9, 2000, 47 DCR 1124). Repeal of Law Repeal of Law 9-118 Section 1101 of D.C. Law 12-60 repealed the District of Columbia Employer-Assisted Housing Act of 1992, D.C. Law 9-118.
DC Code § 42-2602 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter I - General Provisions|§ 42-2602. Deposits to credit of Fund

There shall be deposited to the credit of the Fund such amounts as may be appropriated pursuant to this subchapter; grants and gifts from public and private sources to the Fund or to the District of Columbia for the purposes of the Fund; repayments of principal and any interest on loans provided from the Fund; proceeds realized from the liquidation of any security interests held by the District of Columbia under the terms of any assistance provided from the Fund; interest earned from the deposit or investment of monies of the Fund; repayments of principal and any interest on loans provided under the District of Columbia Government Employer-Assisted Housing Program; and all other revenues, receipts and fees of whatever nature derived from the operation of the Fund.  (Sept. 12, 1978, D.C. Law 2-103, § 3, 25 DCR 1977; June 11, 1992, D.C. Law 9-118, § 8(b), 39 DCR 3189; Mar. 20, 1998, D.C. Law 12-60, § 1101, 44 DCR 7378; May 9, 2000, D.C. Law 13-96, § 9(b), 47 DCR 1081.)  Prior Codifications 1981 Ed., § 45-2202. 1973 Ed., § 45-1802. Effect of Amendments D.C. Law 13-96 inserted “repayments of principal and any interest on loans provided under the District of Columbia Government Employer-Assisted Housing Program;” following “interest earned from the deposit or investment of monies of the Fund;”. Emergency Legislation For temporary (90-day) amendment of section, see § 9(b) of the Government Employer-Assisted Housing Emergency Amendment Act of 1999 (D.C. Act 13-188, December 1, 1999, 46 DCR 10407). For temporary (90-day) amendment of section, see § 9(b) of the Government Employer-Assisted Housing Legislative Review Emergency Amendment Act of 1999 (D.C. Act 13-258, February 9, 2000, 47 DCR 1124). Editor's Notes Because of the enactment of subchapter II of this chapter by D.C. Law 12-266, “subchapter” has been substituted for “chapter”. Section 11 of D.C. Law 13-96 provided: “This act shall apply as of October 1, 1997.” Repeal of Law Repeal of Law 9-118 Section 1101 of D.C. Law 12-60 repealed the District of Columbia Employer-Assisted Housing Act of 1992, D.C. Law 9-118.
DC Code § 42-2602.01 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter I - General Provisions|§ 42-2602.01. Home Purchase Assistance Program Revision

(a) The Mayor shall review and revise the repayment structure of the Home Purchase Assistance Program ("Program"), established by Chapter 25 of Title 14 of the District of Columbia Municipal Regulations, to include greater flexibility in the Program by supplementing the Program with additional repayment options for the lowest income loan recipients. (1) Examples of additional repayment options include: (A) A graduated repayment system; (B) The postponement of the repayment of individual loans until the sale of a home; and (C) An exploration of the establishment of an incentive program to forgive a portion of the loan if cash refinancing is carried out within a certain timeframe. (2) The maximum amount of down payment assistance for the lowest income applicant available under the Program shall be $80,000, and shall be adjusted based on the applicant's income according to 14 DCMR § 2503.1(b)(1). (b) The Mayor shall submit the revised repayment system to the Council for review, pursuant to § 42-2604(a), within 60 days after July 1, 2016.  (Sept. 12, 1978, D.C. Law 2-103, § 3a; as added July 1, 2016, D.C. Law 21-139, § 2, 63 DCR 7594.)
DC Code § 42-2603 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter I - General Provisions|§ 42-2603. Availability; use prescribed by Mayor

The Fund shall be available without fiscal year limitation for the purpose of providing financial assistance for down payments or interim financing to recipients for the purpose of purchasing or securing housing, including single family homes, condominium units, or occupancy rights to cooperative housing in the District of Columbia as their principal place of residence and of providing financial assistance to District of Columbia government employees eligible under the District of Columbia Employer-Assisted Housing Program to purchase a home in the District of Columbia. Under terms and conditions prescribed by the Mayor of the District of Columbia (“Mayor”), the Fund shall be used for making loans and providing other forms of financial assistance. The assistance provided pursuant to the Fund may be used in conjunction with other available home assistance programs.  (Sept. 12, 1978, D.C. Law 2-103, § 4, 25 DCR 1977; Oct. 24, 1981, D.C. Law 4-44, § 2(c), 28 DCR 4265; June 11, 1992, D.C. Law 9-118, § 8(c), 39 DCR 3189; Mar. 20, 1998, D.C. Law 12-60, § 1101, 44 DCR 7378; May 9, 2000, D.C. Law 13-96, § 9(c), 47 DCR 1081.)  Prior Codifications 1981 Ed., § 45-2203. 1973 Ed., § 45-1803. Effect of Amendments D.C. Law 13-96 rewrote the first sentence which formerly provided: “The Fund shall be available without fiscal year limitation for the purpose of providing financial assistance for down payments or interim financing to recipients for the purpose of purchasing or securing housing, including single family homes, condominium units, or occupancy rights to cooperative housing in the District of Columbia as their principal place of residence and of providing financial assistance to District of Columbia government employees eligible under the District of Columbia Employer-Assisted Housing Program to purchase a home in the District of Columbia.” Emergency Legislation For temporary (90-day) amendment of section, see § 9(c) of the Government Employer-Assisted Housing Emergency Amendment Act of 1999 (D.C. Act 13-188, December 1, 1999, 46 DCR 10407). For temporary (90-day) amendment of section, see § 9(c) of the Government Employer-Assisted Housing Legislative Review Emergency Amendment Act of 1999 (D.C. Act 13-258, February 9, 2000, 47 DCR 1124). Editor's Notes Section 11 of D.C. Law 13-96 provided: “This act shall apply as of October 1, 1997.” Repeal of Law Repeal of Law 9-118 Section 1101 of D.C. Law 12-60 repealed the District of Columbia Employer-Assisted Housing Act of 1992, D.C. Law 9-118.
DC Code § 42-2605 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter I - General Provisions|§ 42-2605. Annual audit; report to Congress and Council; appropriations

(a) An annual audit of the operations of the Fund shall be conducted by the Office of the Inspector General of the District of Columbia. (b) Not later than 6 months after the end of each fiscal year, the Mayor shall submit to the Congress of the United States and to the Council of the District of Columbia a report of the financial condition of the Fund and the results of the operations for such fiscal year. (c) The Mayor shall include in the budget estimates of the District of Columbia for each fiscal year, and there is authorized to be appropriated annually, such amounts out of the revenues of the District of Columbia as may be required for the Fund.  (Sept. 12, 1978, D.C. Law 2-103, § 6, 25 DCR 1977; Oct. 24, 1981, D.C. Law 4-44, § 2(e), 28 DCR 4265.)  Prior Codifications 1981 Ed., § 45-2205. 1973 Ed., § 45-1805. Mayor's Orders Office of Internal Audits and Inspections abolished: The District of Columbia Office of Internal Audits and Inspections was replaced by Mayor’s Order 79-7, dated January 2, 1979, and Mayor’s Order 79-224, dated September 24, 1979, which Orders established the Office of the Inspection General of the District of Columbia.
DC Code § 42-2621 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter II - Step Up Program|§ 42-2621. Definitions

For the purpose of this subchapter, the term: (1) “Closing Costs” means expenses in addition to the purchase price of the property which must be paid by the purchaser or deducted from the proceeds of the sale to the seller at time of closing. (2) “Department” means the Department of Housing and Community Development. (3) “Downpayment” means the unamortized amount paid by the purchaser at closing, which when added to the mortgage amount equals the total sale price. (4) “Earnest money contract” means a contract created between the buyer and seller when the buyer makes a deposit to indicate both the ability and good faith intention to complete the purchase of a property. If the contract is fulfilled, then the earnest money deposit is applied toward the purchase price. (5) “Fund” means the Home Purchase Assistance Step Up Fund. (6) “Household” means an individual or 2 or more persons who reside together in a housing unit in the District. (7) “Single family home” means a housing unit designed and maintained for occupancy by only one family.  (Apr. 27, 1999, D.C. Law 12-266, § 2, 46 DCR 948.)  Prior Codifications 1981 Ed., § 45-2211.
DC Code § 42-2622 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter II - Step Up Program|§ 42-2622. Establishment; funding; annual audit

(a) There is established in the Department of Housing and Community Development, a Home Purchase Assistance Step Up Program to provide one-time housing assistance to residents of the District of Columbia in low- to moderate-income households, who own condominiums, cooperatives, or starter homes and seek to purchase single family housing in the District of Columbia that is larger, or otherwise more appropriate for their households. (b) There is authorized to be appropriated from the general revenues of the District of Columbia, and accounted for in the General Fund as a separate revenue source, such amounts as may be needed to establish a permanent revolving fund to be known as the Home Purchase Assistance Step Up Fund. From this Fund the District shall provide financial assistance to residents of the District of Columbia in low- to moderate-income households, who own condominiums, cooperatives, or starter homes and seek to purchase single family housing in the District of Columbia. (c) There shall be deposited to the credit of the Fund any amounts as may be appropriated pursuant to this subchapter; any grants and gifts from public and private sources to the Fund or to the District of Columbia government for the purposes of the Fund; repayments of principal and any interest on loans provided from the Fund; any proceeds realized from the liquidation of any security interests held by the District under the terms of any assistance provided from the Fund; any interest earned from the deposit or investment of monies of the Fund; and all other revenues, receipts, penalties, and fees of whatever nature derived from the operation of the Fund. (d) The Fund shall be available, without fiscal limitation, to provide financial assistance for down payments or closing costs to recipients for the purpose of purchasing a single family residence that is larger or otherwise more appropriate than the home previously owned by the recipient. Such financial assistance may be used in conjunction with other available home purchase assistance programs. (e) An annual audit of the operations of the Fund shall be conducted by the Office of the Inspector General of the District of Columbia. Not later than 6 months after the end of the fiscal year, the Mayor shall submit to the Congress and to the Council of the District of Columbia a report on the financial condition of the Fund and the results of the operations for such fiscal year.  (Apr. 27, 1999, D.C. Law 12-266, § 3, 46 DCR 948.)  Prior Codifications 1981 Ed., § 45-2212.
DC Code § 42-2623 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter II - Step Up Program|§ 42-2623. Eligibility

(a) An applicant shall be eligible for the Home Purchase Assistance Step Up Program if the applicant: (1) Is a District of Columbia resident; (2) Is the head of the household and will occupy the property to be purchased with assistance from the program as his or her primary residence; (3) Has a satisfactory credit rating as shall be defined by rules deemed necessary to carry out the purposes of this subchapter; (4) Has adequate income to qualify for a mortgage from a private lender; (5) Has sold or otherwise disposed of all interests in any other real property before the closing of any loan under this subchapter; (6) Has insufficient assets to pay the down payment or reasonable closing costs, or both, without assistance from this program; (7) Would have liquid assets not exceeding the limit established by the Mayor by rulemaking, after purchasing property under this subchapter or through this program; and (8) Meets qualifying income levels as provided by regulation. (b) Property shall be eligible for the Home Purchase Assistance Step Up Program if the property: (1) Is an existing single family residence in the District of Columbia; (2) Meets the requirements of the Construction Codes promulgated pursuant to the Construction Codes Approval and Amendments Act of 1980, effective February 2, 1987 (D.C. Law 6-216; 12 DCMR) and the Housing Regulations of the District of Columbia, effective August 11, 1955 (C.O. 55-1503; 14 DCMR Chapters 1-14); and (3) Has a purchase price that neither exceeds the maximum price requirement established by rulemaking nor the appraised value of the property.  (Apr. 27, 1999, D.C. Law 12-266, § 4, 46 DCR 948.)  Prior Codifications 1981 Ed., § 45-2213.
DC Code § 42-2624 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter II - Step Up Program|§ 42-2624. Assistance

(a) Assistance available pursuant to this subchapter is limited to a one-time loan of up to $15,000 with a maximum 20-year amortized term. (b) The interest rate shall be 3%, unless otherwise provided by the Mayor by rulemaking. (c) The Mayor shall establish underwriting guidelines, including loan amounts and repayment terms, by rulemaking.  (Apr. 27, 1999, D.C. Law 12-266, § 5, 46 DCR 948; Apr. 12, 2000, D.C. Law 13-91, § 155, 47 DCR 520.)  Prior Codifications 1981 Ed., § 45-2214. Effect of Amendments D.C. Law 13-91 validated a previously made technical amendment in subsec. (a).
DC Code § 42-2625 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter II - Step Up Program|§ 42-2625. Rulemaking

The Mayor is authorized to promulgate rules to govern the operation of the Fund, including but not limited to, rules establishing eligibility requirements for applicants and homes and for establishing operating procedures for the program. The proposed rules shall be submitted to the Council for a 45-day period of review, excluding Saturdays, Sundays, legal holidays, and days of Council recess. If the Council does not approve or disapprove the proposed rules, in whole or in part, by resolution within the 45-day review period, the proposed rules shall be deemed approved. Nothing in this section shall affect any requirements imposed upon the Mayor by subchapter I of Chapter 5 of Title 2.  (Apr. 27, 1999, D.C. Law 12-266, § 6, 46 DCR 948.)  Prior Codifications 1981 Ed., § 45-2215.
DC Code § 42-2626 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 26 - Home Purchase Assistance Fund|Subchapter II - Step Up Program|§ 42-2626. Applicability

The provisions of this subchapter shall apply to the purchase of a single family home for which an earnest money contract is dated after April 1, 1999.  (Apr. 27, 1999, D.C. Law 12-266, § 7, 46 DCR 948.)  Prior Codifications 1981 Ed., § 45-2216.
DC Code § 42-2701.01 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter I - Policy and Definitions|§ 42-2701.01. Declaration of policy

(a) The Council of the District of Columbia hereby finds: that a decline in the number of housing units in the District of Columbia, together with the existing number of substandard dwellings, has produced a critical shortage of adequate housing for low and moderate income families; that this shortage of affordable housing and the inability of residents to obtain appropriate financing compels a substantial number of District residents to live in unsanitary, overcrowded and unsafe conditions and to expend a disproportionate portion of their incomes on housing; that these conditions are detrimental to the health and welfare of District residents and adversely affect the economy of the District; that a major cause of this housing crisis is the cost of funds made available by mortgage lenders in the District to finance housing for low and moderate income families; and further that this situation has frustrated the construction, lease, sale and purchase of housing units for low and moderate income families. (b) The Council determines that a corporate instrumentality of the District shall be created and given authority to generate funds from private and public sources to increase the supply and lower the cost of funds available for residential mortgages and construction loans and thereby help alleviate the shortage of adequate housing. The Council further determines that this purpose can be accomplished through programs whereby mortgage lenders and/or the Agency make mortgage, construction and rehabilitation loans for single and multifamily rental and home ownership units on terms designed to expand available housing opportunities. The Council further determines that this purpose can also be accomplished through a program whereby the Agency issues bonds and lends the proceeds thereof to Eligible State and Local Government Units to enhance the Agency’s ability to generate revenues to fulfill its duties under this chapter. The Council further determines that the goals of neighborhood and fiscal stability can be achieved through a policy of residential economic diversity. (c) The Council hereby declares that the enactment of this chapter is in the public interest and for the public benefit, and that the authority and powers conferred by this chapter and the expenditure of monies pursuant to this chapter are to serve valid public purposes.  (Mar. 3, 1979, D.C. Law 2-135, § 101, 25 DCR 5008; Apr. 20, 1999, D.C. Law 12-247, § 2(a), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2101. 1973 Ed., § 45-1901. Section References This section is referenced in § 42-2703.05.
DC Code § 42-2702.01 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter II - Establishment of the Agency|§ 42-2702.01. Creation; purpose

The District of Columbia Housing Finance Agency is created as a corporate body which has a legal existence separate from the government of the District but which is an instrumentality of the government of the District created to effectuate certain public purposes.  (Mar. 3, 1979, D.C. Law 2-135, § 201, 25 DCR 5008.)  Prior Codifications 1981 Ed., § 45-2111. 1973 Ed., § 45-1903. Cross References District of Columbia Housing Finance Agency, membership disclosure of interests, see § 1-1106.02. Editor's Notes Appropriations approved: Public Law 101-518, 104 Stat. 2227, the District of Columbia Appropriations Act, 1991, provided that up to $275,000 within the 15% set-aside for special programs within the Tenant Assistance Program shall be targeted for the single-room occupancy initiative. Repayment by D.C. Housing Finance Agency: Section 147 of Pub. Law 104-194 provided that, notwithstanding any other law, the District of Columbia Housing Finance Agency, shall not be required to repay moneys advanced by the District government (including accrued interest thereon) pursuant to Congressional appropriations for fiscal years 1980 through 1992.
DC Code § 42-2702.04 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter II - Establishment of the Agency|§ 42-2702.04. Conflict of interest; disclosure; waiver of bar against participation by interested party

Any member, officer, or employee of the Agency who is interested either directly or indirectly, or who is an officer or employee of, or has an ownership interest in any firm or agency interested directly or indirectly in any transaction with the Agency including, but not limited to, any loan to any sponsor, builder or developer, shall disclose this interest to the Agency. This interest shall be set forth in the minutes of the Agency, and the member, officer, or employee having the interest shall not participate on behalf of the Agency in the authorization or implementation of any such transaction. The Board by two-thirds majority vote may allow a waiver of a member’s, officer’s or employee’s inability to participate in circumstances where the interest falls within guidelines adopted as rules promulgated by the Board.  (Mar. 3, 1979, D.C. Law 2-135, § 204, 25 DCR 5008; Aug. 5, 1981, D.C. Law 4-28, § 2(h), 28 DCR 2848; Apr. 20, 1999, D.C. Law 12-247, § 2(e), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2114. 1973 Ed., § 45-1906.