(a) In addition to the assistance provided in § 42-2504(b-1) and § 42-2505, the Department shall make available a grant of up to $10,000 to provide financial assistance for the purchase of a housing unit to each first-responder or educator who is a Participant.
(b) In order to receive financial assistance for the purchase of a housing unit under this section, a first-responder or educator Participant must agree to a 5-year service obligation, which shall begin at the date of settlement on the purchase of the housing unit, or, if the first-responder or educator Participant is not yet a District employee or employee of a District public charter school on the date of settlement, on the first-responder's or educator's first day of employment with the District or with a District public charter school.
(c) The grant shall convert into a loan to be repaid by the Participant if:
(1) Within 5 years after the date of settlement on the purchase of the housing unit, the housing unit is sold, transferred, or ceases to be the principal residence of the first-responder or educator Participant; or
(2) The first-responder or educator Participant does not complete the 5-year service obligation required by subsection (b) of this section.
(d) For the purposes of this section, the term "service obligation" means employment as a first-responder or educator.
(May 9, 2000, D.C. Law 13-96, § 6a; as added Dec. 13, 2017, D.C. Law 22-33, § 2012(f), 64 DCR 7652; Sept. 21, 2022, D.C. Law 24-167, § 2152(e), 69 DCR 009223.)
For temporary (90-day) creation of this section, see § 2012(f) of the Fiscal Year 2018 Budget Support Congressional Review Emergency Act of 2017, effective October 24, 2017 (D.C. Act 22-167; 64 DCR 10802).
For temporary (90-day) creation of this section, see § 2012(f) of the Fiscal Year 2018 Budget Support Emergency Act of 2017, effective July 20, 2017 (D.C. Act 22-104; 64 DCR 7032).
Structure District of Columbia Code
Chapter 25 - District Government Employee Housing Assistance
Subchapter I - Government Employer-Assisted Housing Program
§ 42–2504. Employee and educator savings; District government contribution
§ 42–2505. Deferred payment loan
§ 42–2505.01. First-responder and educator grant