(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.)
1981 Ed., § 45-2205.
1973 Ed., § 45-1805.
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.
Structure District of Columbia Code
Chapter 26 - Home Purchase Assistance Fund
Subchapter I - General Provisions
§ 42–2601. Establishment; purpose; unexpended balance
§ 42–2602. Deposits to credit of Fund
§ 42–2602.01. Home Purchase Assistance Program Revision
§ 42–2603. Availability; use prescribed by Mayor
§ 42–2605. Annual audit; report to Congress and Council; appropriations