2023 District of Columbia Code › Title 42 - Real Property › Chapter 27 - Housing Finance Agency › Subchapter IV - Financial Affairs of the Agency › § 42–2704.13. Investment of funds with financial institution or company doing business with Northern Ireland

§ 42–2704.13. Investment of funds with financial institution or company doing business with Northern Ireland.
(a) For the purposes of this section, the term “agency funds” means all monies managed and all funds established pursuant to §§ 42-2704.06 and 42-2704.11.
(b)(1) Agency funds invested in stocks, securities, or other obligations of any institution or company doing business in or with Northern Ireland or with agencies or instrumentalities of Northern Ireland shall be invested to reflect advances to eliminate discrimination made by these institutions and companies pursuant to paragraph (2) of this subsection.
(2) The Mayor shall consider the following criteria, referred to as the MacBride Principles, to determine the advances to eliminate discrimination made by companies and institutions doing business in or with Northern Ireland or with agencies or instrumentalities of Northern Ireland:
(A) Increasing the representation of individuals from underrepresented religious groups on the work force, including managerial, supervisory, administrative, clerical, and technical jobs;
(B) Providing adequate security for the protection of minority employees both at the workplace and while traveling to and from work;
(C) Banning provocative religious or political emblems from the workplace;
(D) Publicly advertising all job openings and making special recruitment efforts to attract applicants from underrepresented religious groups;
(E) Providing that layoff, recall, and termination procedures should not in practice favor particular religious groups;
(F) Abolishing job reservations, apprenticeship restrictions, and differential employment criteria that discriminate on the basis of religion or ethnic origin;
(G) Developing training programs that will prepare substantial numbers of current minority employees for skilled jobs, including the expansion of existing programs and the creation of new programs to train, upgrade, and improve the skills of minority employees;
(H) Establishing procedures to assess, identify, and actively recruit minority employees with potential for further advancement; and
(I) Appointing senior management staff members to oversee affirmative action efforts and setting up timetables to carry out affirmative action principles.
(3) On or before the 1st day of October of each year, the Mayor shall determine the existence of affirmative action taken by all institutions and companies doing business in or with Northern Ireland, in which agency funds are or will be invested, in adhering to the MacBride Principles as enumerated in paragraph (2) of this subsection and provide an annual report of his or her findings for presentation to the Council, which report shall be made available for public inspection.
(Mar. 3, 1979, D.C. Law 2-135, § 413; as added Mar. 16, 1993, D.C. Law 9-185, § 3(b), 39 DCR 8221.)
Prior Codifications
1981 Ed., § 45-2143.
Section References
This section is referenced in § 42-2704.06.