reglab/housing_qa huggingface dataset:
DC Code § 42-2702.05 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter II - Establishment of the Agency|§ 42-2702.05. Requirement for public official bonding

Each member of the Board shall execute a public official bond in the penal sum of $25,000, and the Executive Director of the Agency shall execute a public official bond in the penal sum of $50,000. Each public official bond shall be conditioned upon the faithful performance of the duties of the person bonded, issued by an indemnity company authorized to transact business as an indemnity company in the District, approved by the Corporation Counsel of the District, and filed in the office of the District Department of Insurance. All costs of the public official bonds shall be borne by the Agency.  (Mar. 3, 1979, D.C. Law 2-135, § 205, 25 DCR 5008; Oct. 5, 1985, D.C. Law 6-44, § 2(c), 32 DCR 4487.)  Prior Codifications 1981 Ed., § 45-2115. 1973 Ed., § 45-1907.
DC Code § 42-2702.06 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter II - Establishment of the Agency|§ 42-2702.06. Delegation of Council authority to issue revenue bonds, notes and other obligations for Agency undertakings

The Council delegates to the Agency the authority of the Council under § 1-204.90 to issue revenue bonds, notes and other obligations to borrow money to finance or assist in the financing of undertakings authorized by this chapter. An undertaking financed or assisted by the Agency shall constitute an undertaking in the area of primarily low and moderate income housing if the housing project or homeownership program complies with the income restriction, rent limitations, tenant income mixtures and other restrictions as established by the Internal Revenue Service, or the Department of Housing and Urban Development as applicable under the plan of financing determined by the Agency at the time it approves the undertaking for financing or assistance, or State or Local Government Loans or supportive programs that generate revenues which benefit programs authorized under this chapter.  (Mar. 3, 1979, D.C. Law 2-135, § 206; as added Aug. 5, 1981, D.C. Law 4-28, § 2(i), 28 DCR 2848; Apr. 20, 1999, D.C. Law 12-247, § 2(f), 46 DCR 1100; Mar. 25, 2003, D.C. Law 14-239, § 2(b), 49 DCR 11162.)  Prior Codifications 1981 Ed., § 45-2116. Section References This section is referenced in § 42-2703.05. Effect of Amendments D.C. Law 14-239 substituted “or supportive programs” for “are made”.
DC Code § 42-2703.02 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter III - Operations of the Agency|§ 42-2703.02. Financing of housing projects

(a) The Agency may make, issue commitments for, participate in making loans or mortgage loans to sponsors for the financing of housing projects for eligible persons. Such housing projects shall comply with all applicable requirements regarding tenant income mixtures, tenant income, the number of units reserved for very-low, low and moderate income persons, and other requirements established by the Internal Revenue Service, the Department of Housing and Urban Development or other laws, rules and guidelines applicable under the Agency’s plan of financing. (b) The Agency when purchasing property shall issue only bonds that are government entity bonds of the Agency or 501(c)(3) bonds created by the Agency for the specific purpose of undertaking a development project.  (Mar. 3, 1979, D.C. Law 2-135, § 302, 25 DCR 5008; Aug. 5, 1981, D.C. Law 4-28, § 2(k), 28 DCR 2848; Aug. 1, 1985, D.C. Law 6-15, § 8(b), 32 DCR 3570; Oct. 5, 1985, D.C. Law 6-44, § 2(e), 32 DCR 4487; Apr. 20, 1999, D.C. Law 12-247, § 2(i), 46 DCR 1100; Mar. 25, 2003, D.C. Law 14-239, § 2(d), 49 DCR 11162.)  Prior Codifications 1981 Ed., § 45-2122. 1973 Ed., § 45-1909. Section References This section is referenced in § 42-2701.02. Effect of Amendments D.C. Law 14-239 designated the existing text as subsection (a); and added subsec. (b).
DC Code § 42-2703.03 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter III - Operations of the Agency|§ 42-2703.03. Financing of homeownership programs

The Agency may invest in, purchase, make commitments to purchase, take assignments from mortgage lenders, originate, and service mortgage loans either directly or through mortgage lenders pursuant to criteria established by the Agency under a Homeownership program. Such criteria shall comply with the requirements of the Internal Revenue Service, the Department of Housing and Urban Development or other laws, rules and guidelines applicable under the Agency’s plan of financing.  (Mar. 3, 1979, D.C. Law 2-135, § 303, 25 DCR 5008; Aug. 5, 1981, D.C. Law 4-28, § 2(l)-(n), 28 DCR 2848; Apr. 20, 1999, D.C. Law 12-247, § 2(j), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2123. 1973 Ed., § 45-1910.
DC Code § 42-2703.04 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter III - Operations of the Agency|§ 42-2703.04. Loans to mortgage lenders; requirements for reinvestment of proceeds by lender. [Repealed]

Repealed.  (Mar. 3, 1979, D.C. Law 2-135, § 304, 25 DCR 5008; Aug. 5, 1981, D.C. Law 4-28, § 2(o), 28 DCR 2848; June 11, 1992, D.C. Law 9-118, § 7, 39 DCR 3189; Apr. 18, 1996, D.C. Law 11-110, § 49, 43 DCR 530; Mar. 20, 1998, D.C. Law 12-60, § 1101, 44 DCR 7378; Apr. 20, 1999, D.C. Law 12-247, § 2(k), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2124. 1973 Ed., § 45-1911.
DC Code § 42-2703.05 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter III - Operations of the Agency|§ 42-2703.05. Supportive programs

(a) The Agency may establish, administer or contract for the administration of any program which assists sponsors or eligible persons, “or Eligible State or Local Government Units”, as determined by the Agency consistent with the declarations of policy under § 42-2701.01 and the delegation of authority under § 42-2702.06. (b) The Agency may establish, administer, or contract for the administration of any program that involves providing loans or other financial assistance directly by the Agency or by an entity established by the Agency under this chapter or indirectly through an Agency-approved financial institution, to persons residing within any state or political subdivision thereof within the meaning of section 103 of the Internal Revenue Code of 1986, approved August 16, 1954 (68A Stat. 29; 26 U.S.C. § 103) (or successor provisions), which loan or other financial assistance is eligible for, or made in conjunction with the provision of, mortgage insurance under any program of the Department of Housing and Urban Development or meets the guidelines established by Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Department of Veterans Affairs, or the Rural Development Agency, and which loan or other financial assistance will result in the generation of revenues that will benefit programs authorized under this chapter.  (Mar. 3, 1979, D.C. Law 2-135, § 305, 25 DCR 5008; Apr. 20, 1999, D.C. Law 12-247, § 2(l), 46 DCR 1100; Mar. 25, 2003, D.C. Law 14-239, § 2(e), 49 DCR 11162.)  Prior Codifications 1981 Ed., § 45-2125. 1973 Ed., § 45-1912. Section References This section is referenced in § 42-2703.01. Effect of Amendments D.C. Law 14-239 designated the existing text as subsection (a); and added subsec. (b).
DC Code § 42-2703.06 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter III - Operations of the Agency|§ 42-2703.06. Rulemaking

The Agency shall establish rules and regulations to effectuate the purposes of this chapter.  (Mar. 3, 1979, D.C. Law 2-135, § 306, 25 DCR 5008; Apr. 20, 1999, D.C. Law 12-247, § 2(m), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2126. 1973 Ed., § 45-1913.
DC Code § 42-2703.07 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter III - Operations of the Agency|§ 42-2703.07. Technical assistance, loans, grants and consultant services

The Agency may provide eligible persons, sponsors or such individual, private or public corporation, association, group, organization, Eligible State or Local Government Unit, or any other entity with technical assistance, loans, grants or consultant services consistent with the authority of this chapter.  (Mar. 3, 1979, D.C. Law 2-135, § 307, 25 DCR 5008; Apr. 20, 1999, D.C. Law 12-247, § 2(n), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2127. 1973 Ed., § 45-1914.
DC Code § 42-2703.08 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter III - Operations of the Agency|§ 42-2703.08. Exemption from rent control

(a) Housing projects assisted by the Agency or through the auspices of the Agency under the provisions of this chapter shall be exempt from the provisions of Chapter 35 of this title. (b) The Agency shall establish, by rulemaking, procedures for evictions and protections from retaliatory action for tenants of housing projects exempted from Chapter 35 of this title under subsection (a) of this section. Such procedures and protections shall be in accordance with subchapter V of Chapter 35 of this title. (c) The Agency shall establish, by rulemaking, conditions and procedures for relocation assistance to tenants displaced from housing projects which are exempted from Chapter 35 of this title under subsection (a) of this section. Such conditions and procedures shall be in accordance with subchapter VII of Chapter 35 of this title. (d) Each owner of a rental accommodation subject to the provisions of this chapter shall file simultaneously with the Agency and with the Rental Housing Commission an exemption statement which shall contain the following information: (1) The actual rent for each rental unit in the accommodation, the services included, and the facilities and charges therefor; (2) The number of bedrooms in the rental accommodation; and (3) A list of any outstanding violations of the Housing Regulations of the District of Columbia, issued August 11, 1955 (C.O. 55-1503), applicable to such accommodation. (e) Tenants of housing projects exempted by this chapter from Chapter 35 of this title, who, except for such exemption, would be eligible for rent supplements under subchapter III of Chapter 35 of this title, shall have the same rights to such supplements as tenants residing in a project subject to Chapter 35 of this title. (f) Prior to the execution of a lease or other rental agreement, a prospective tenant of any unit shall receive notice in writing advising him or her that rent increases for the accommodation are not regulated by Chapter 35 of this title. (g) At the time a prospective tenant of any unit receives notice pursuant to subsection (f) of this section, a prospective tenant shall also receive the voter registration packet developed by the District of Columbia Board of Elections pursuant to § 1-1001.05(a)(20).  (Mar. 3, 1979, D.C. Law 2-135, § 308, 25 DCR 5008; Aug. 5, 1981, D.C. Law 4-28, § 2(p), 28 DCR 2848; Oct. 5, 1985, D.C. Law 6-44, § 2(f), 32 DCR 4487; June 24, 2020, D.C. Law 23-112, § 4, 67 DCR 5066.)  Prior Codifications 1981 Ed., § 45-2128. 1973 Ed., § 45-1915.
DC Code § 42-2704.01 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.01. Receipt of funds; disposition thereof

In connection with the exercise of its powers under this chapter, the Agency may receive gifts, grants, appropriations, loans, bond or note proceeds, or other funds, property or other assets, or any other type of financial assistance from any federal, District, private, or other source and may utilize such funds as determined by rules issued by the Board. Such rules shall also govern the establishment of, administration of, and expenditure from, reserve funds. The source of such funds and the use thereof shall be a part of the annual reporting requirement of § 42-2705.03. The rules shall be submitted to the Chairman of the Council for review on the same day as the rules are transmitted for publication to the District of Columbia Register.  (Mar. 3, 1979, D.C. Law 2-135, § 401, 25 DCR 5008; Aug. 5, 1981, D.C. Law 4-28, § 2(q), 28 DCR 2848.)  Prior Codifications 1981 Ed., § 45-2131. 1973 Ed., § 45-1916. Editor's Notes 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 § 42-2704.01a (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.01a. Repayment of funds

The 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, and any obligation to repay these moneys shall be forgiven.  (Mar. 3, 1979, D.C. Law 2-135, § 401a; as added Apr. 9, 1997, D.C. Law 11-197, § 3, 43 DCR 4567.)  Prior Codifications 1981 Ed., § 45-2131.1. Effective Dates Section 5 of D.C. Law 11-197 provided that the act shall take effect on the latter of: (1) following approval by the Mayor (or the Council in the event of a veto override), approval by the Financial Responsibility and Management Assistance Authority as provided in § 47-392.03(a), and a 30-day period of Congressional review as provided in § 1-233 (c)(1), and publication in the District of Columbia Register; or (2) enactment by Congress of legislation providing that the moneys advanced to the agency pursuant to congressional appropriations need not be repaid to the General Fund of the District of Columbia. Editor's Notes 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 § 42-2704.04 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.04. Trust indenture to secure bonds or notes; provisions protecting holders; expenses treated as operating expenses

(a) Authority. — The Agency may secure bonds, notes, or other obligations by a trust indenture between the Agency and a corporate trustee which has the authority to exercise corporate trust powers within the District. (b) Provisions. — A trust indenture of the Agency may contain provisions for protecting and enforcing the rights and remedies of holders of bonds or notes in accordance with the provisions of the resolution authorizing the sale of bonds or notes. (c) Expenses. — The Agency may treat expenses incurred in carrying out a trust indenture as operating expenses.  (Mar. 3, 1979, D.C. Law 2-135, § 404, 25 DCR 5008; Apr. 20, 1999, D.C. Law 12-247, § 2(q), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2134. 1973 Ed., § 45-1919.
DC Code § 42-2704.05 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.05. Agency’s purchase of its own bonds and notes; maximum price

Subject to pre-existing agreements with the holders of bonds, notes, or other obligations, the Agency may purchase its own bonds, notes, or other obligations which may then be cancelled upon such terms and conditions as established by the Agency. (1) If the bonds, notes, or other obligations are redeemable, the price cannot exceed the redemption price then applicable plus accrued interest to the next interest payment; or (2) If the bonds, notes, or other obligations are not redeemable, the price cannot exceed the redemption price applicable on the 1st date after the purchase upon which the bonds, notes or other obligations become subject to redemption plus accrued interest to that date.  (Mar. 3, 1979, D.C. Law 2-135, § 405, 25 DCR 5008; Apr. 20, 1999, D.C. Law 12-247, § 2(r), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2135. 1973 Ed., § 45-1920.
DC Code § 42-2704.06 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.06. Special or reserve funds; management and investment of funds

The Agency may establish special or reserve funds in furtherance of its authority under this chapter. Notwithstanding other provisions of District law and subject to agreements with holders of bonds and notes, the Agency shall manage its own funds, and may invest funds not required for disbursement in a manner the Agency determines prudent and in accordance with § 42-2704.13.  (Mar. 3, 1979, D.C. Law 2-135, § 406, 25 DCR 5008; Mar. 8, 1984, D.C. Law 5-50, § 3(a), 30 DCR 5916; Mar. 16, 1993, D.C. Law 9-185, § 3(a), 39 DCR 8221; June 28, 1994, D.C. Law 10-134, § 4(a), 41 DCR 2597; Apr. 18, 1996, D.C. Law 11-110, § 62, 43 DCR 530.)  Prior Codifications 1981 Ed., § 45-2136. 1973 Ed., § 45-1921. Section References This section is referenced in § 42-2704.13. Cross References Limitation on investment of District of Columbia employees retirement funds, see § 1-721. Emergency Legislation For temporary amendment of section, see § 4(a) of the South Africa Sanctions Emergency Repeal Act of 1993 (D.C. Act 10-127, October 25, 1993, 40 DCR 7583) and § 4(a) of the South Africa Sanctions Congressional Recess Emergency Repeal Act of 1994 (D.C. Act 10-176, January 25, 1994, 41 DCR 512). Temporary Legislation For temporary (225 day) amendment of section, see § 4(a) of South Africa Sanctions Repeal Act 1993 (D.C. Law 10-75, March 8, 1994, law notification 41 DCR 1518). Delegation of Authority Delegation of authority under D.C. Law 9-185, “Public Funds Investment Policy in Financial Institutions and Companies Making Loans to or Doing Business with Northern Ireland Amendment Act of 1992”, see Mayor’s Order 93-76, June 16, 1993.
DC Code § 42-2704.07 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.07. No limitation, alteration, or impairment of rights and remedies of bondholders and noteholders

The District pledges to the holders of any bonds or notes issued under this chapter that the District will not limit or alter rights vested in the Agency to fulfill agreements made with the holders thereof, or in any way impair the rights and remedies of such holders until the bonds and notes, together with the interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of such holders are fully met and discharged. The Agency is authorized to include this pledge of the District in any agreement with the holders of bonds or notes.  (Mar. 3, 1979, D.C. Law 2-135, § 407, 25 DCR 5008.)  Prior Codifications 1981 Ed., § 45-2137. 1973 Ed., § 45-1922.
DC Code § 42-2704.08 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.08. Faith and credit and taxing power of District not pledged on obligation; statement thereto

Bonds, notes, and other obligations issued under the provisions of this chapter do not constitute an obligation of the District, but are payable solely from the revenues or assets of the Agency. Each bond, note, or other obligation issued under this chapter must contain on its face a statement that the Agency is not obligated to pay principal or interest except from the revenues or assets pledged and that neither the faith and credit nor the taxing power of the District is pledged to the payment of the principal or interest on a bond, note, or other obligation.  (Mar. 3, 1979, D.C. Law 2-135, § 408, 25 DCR 5008; Apr. 20, 1999, D.C. Law 12-247, § 2(s), 46 DCR 1100.)  Prior Codifications 1981 Ed., § 45-2138. 1973 Ed., § 45-1923.
DC Code § 42-2704.09 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.09. Bonds and notes as legal investments and securities

The bonds and notes of the Agency are legal investments in which public officers and public bodies of the District, insurance companies and associations and other persons carrying on an insurance business, banks, bankers, banking institutions including savings and loan associations, building and loan associations, trust companies, savings banks and savings associations, investment companies and other persons carrying on a banking business, administrators, guardians, executors, trustees, and other fiduciaries and other persons authorized to invest in bonds or in other obligations of the District, may legally invest funds, including capital, in their control. The bonds and notes are also securities which legally may be deposited with and received by public officers and public bodies of the District or any agency of the District for any purpose for which the deposit of bonds or other obligations of the District is authorized by law.  (Mar. 3, 1979, D.C. Law 2-135, § 409, 25 DCR 5008.)  Prior Codifications 1981 Ed., § 45-2139. 1973 Ed., § 45-1924.
DC Code § 42-2704.10 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.10. District tax exemptions; payments in lieu; exceptions

(a) Assets and income of the Agency or of any entity established by the Agency pursuant to § 42-2703.01(20C) are exempt from District taxation. The Agency may make, at its discretion, payment in lieu of taxation. (b) Bonds and notes issued by the Agency and the interest thereon are exempt from District taxation except estate, inheritance, and gift taxes.  (Mar. 3, 1979, D.C. Law 2-135, § 410, 25 DCR 5008; Mar. 25, 2003, D.C. Law 14-239, § 2(f), 49 DCR 11162.)  Prior Codifications 1981 Ed., § 45-2140. 1973 Ed., § 45-1925. Effect of Amendments D.C. Law 14-239, in subsec. (a), substituted “of the Agency or of any entity established by the Agency pursuant to § 42-2703.01(20C)” for “of the Agency”.
DC Code § 42-2704.11 (2021)
2021 District of Columbia Code|Title 42 - Real Property|Chapter 27 - Housing Finance Agency|Subchapter IV - Financial Affairs of the Agency|§ 42-2704.11. Deposits; payments out of accounts; contracts involving monies held in trust or otherwise for payment of notes or bonds

(a) All monies of the Agency, except as otherwise authorized in this chapter, shall be deposited as soon as practicable in 1 or more separate accounts in financial institutions regulated or insured by a federal or District agency. Monies in these accounts shall be paid out on checks signed by the Executive Director or other authorized officers or employees of the Agency. (b) Notwithstanding the provisions of this section, the Agency shall have power to contract with the holders of its notes or bonds as to the custody, collection, securing, investment, and payment of any monies of the Agency and of any monies held in trust or otherwise for the payment of notes or bonds. Monies held in trust pursuant to a contract with holders of notes or bonds may be secured in the same manner as monies of the Agency.  (Mar. 3, 1979, D.C. Law 2-135, § 411, 25 DCR 5008.)  Prior Codifications 1981 Ed., § 45-2141. 1973 Ed., § 45-1926. Section References This section is referenced in § 42-2703.01 and § 42-2704.13.