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Subchapter I - Policy and Definitions
§ 42–2701.01. Declaration of policy - (a) The Council of the District of Columbia hereby finds:...
§ 42–2701.02. Definitions - The following terms as used in this chapter shall have...
Subchapter II - Establishment of the Agency
§ 42–2702.01. Creation; purpose - The District of Columbia Housing Finance Agency is created as...
§ 42–2702.02. Board of Directors - (a) The agency shall be governed by a Board of...
§ 42–2702.03. Executive Director; powers and duties; service as Secretary of Board; other necessary employees; rights and privileges thereof - (a) The Board of Directors shall appoint an Executive Director...
§ 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...
§ 42–2702.05. Requirement for public official bonding - Each member of the Board shall execute a public official...
§ 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...
§ 42–2702.07. Agency reports; Council review and approval of proposals - (a) The Board of Directors of the Agency shall determine,...
Subchapter III - Operations of the Agency
§ 42–2703.01. General powers - The Agency is hereby granted all powers necessary or convenient...
§ 42–2703.02. Financing of housing projects - (a) The Agency may make, issue commitments for, participate in...
§ 42–2703.03. Financing of homeownership programs - The Agency may invest in, purchase, make commitments to purchase,...
§ 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 [Repealed] - Repealed.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...
§ 42–2703.05. Supportive programs - (a) The Agency may establish, administer or contract for the...
§ 42–2703.06. Rulemaking - The Agency shall establish rules and regulations to effectuate the...
§ 42–2703.07. Technical assistance, loans, grants and consultant services - The Agency may provide eligible persons, sponsors or such individual,...
§ 42–2703.07a. Reverse Mortgage Foreclosure Prevention Program - *NOTE: This section includes amendments by temporary legislation that will...
§ 42–2703.08. Exemption from rent control - (a) Housing projects assisted by the Agency or through the...
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...
§ 42–2704.01a. Repayment of funds - The Agency shall not be required to repay moneys advanced...
§ 42–2704.02. Issuance of bonds and notes; renewals and refunds; deemed obligations of Agency; negotiable instruments; director, employer, or agent not personally liable - (a) Borrowing authority. — The Agency may, by resolution, authorize...
§ 42–2704.03. Terms for sale of bonds and notes; effect of resolution authorizing sale; pledge of agency and lien thereon; signature valid after officeholder vacates - (a) General. — The Agency may stipulate by resolution the...
§ 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...
§ 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,...
§ 42–2704.06. Special or reserve funds; management and investment of funds - The Agency may establish special or reserve funds in furtherance...
§ 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...
§ 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...
§ 42–2704.09. Bonds and notes as legal investments and securities - The bonds and notes of the Agency are legal investments...
§ 42–2704.10. District tax exemptions; payments in lieu; exceptions - (a) Assets and income of the Agency or of any...
§ 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...
§ 42–2704.12. Investment of funds with financial institution or company doing business with Republic of South Africa. [Repealed] - Repealed. (June 28, 1994, D.C. Law 10-134, § 4(b), 41...
§ 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...
Subchapter V - Public Accountability
§ 42–2705.01. Agency actions governed by Administrative Procedure Act - Except as provided in subsection (e) of § 42-2704.02, all...
§ 42–2705.02. Advisory Committees - The Agency, from time to time, may establish advisory committees...
§ 42–2705.03. Annual report by Agency; contents - The Agency shall, within 90 days of the end of...
§ 42–2705.04. Agency to arrange annual audit; transmission to Mayor and Council - The Agency shall contract at least once each year with...
Subchapter VI - Miscellaneous Provisions
§ 42–2706.01. Liberal construction of chapter - The provisions of this chapter are to be liberally construed...
§ 42–2706.02. Severability - If any section, subsection, subdivision, paragraph, sentence, clause, or provision...
§ 42–2706.03. Allocation of bond issuing authority - All of the authority of the District government to issue...
§ 42–2706.04. Disposition of assets on dissolution - If the Agency is dissolved by repeal of this chapter,...
§ 42–2706.05. Laws or acts referred to in this chapter - Each law or act of the District identified in this...