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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 42-2067.03: Membership.

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Where this section sits in the code
  1. Title 42. Real Property.
  2. Chapter 20A. Limited-Equity Cooperative Task Force.
  3. Subchapter II. Limited Equity Cooperative Advisory Council Act.

(a)

The composition of the Advisory Council shall be as follows:

(1)

Up to 6 resident-owner representatives, each of whom who is currently a board member of an LEC in the District; provided, that no 2 residents shall be from the board of the same LEC;

(2)

Two representatives from a community-based organization, including:

(A)

One of whom has experience in the formation of LECs, including the legal and organizational structure of the LEC; and

(B)

One of whom has experience in ongoing technical assistance required to sustain LECs;

(3)

One representative from a property management company that manages cooperatives in the District;

(4)

One representative from a development company that develops cooperatives in the District;

(5)

One representative from a financial entity that specializes in the financing of LECs;

(6)

One attorney who has experience working with LECs;

(7)

One individual who has conducted significant academic research on LECs in the District and elsewhere in the United States;

(8)

Other representatives appointed by the Chairperson of the Council committee responsible for housing issues;

(9)

Development ("DHCD"); and

(10)

One representative from the District of Columbia Housing Finance Agency.

(b)

The Chairperson of the Council committee responsible for housing issues shall appoint the:

(1)

Chair of the Advisory Council; and

(2)

Advisory Council representatives designated in subsection (a)(1) through (8) of this section.

(c)

The members of the Advisory Council shall:

(1)

Serve for a period of 2 years;

(2)

Either reside or work in the District; and

(3)

Serve without compensation.

(d)

Meetings of the Advisory Council shall be open to the public.

(e)

The Advisory Council shall meet at least 6 times each year.

(f)

The Advisory Council may request administrative support from the Director of DHCD, who shall provide support as the Director of DHCD and not as a member of the Advisory Council for all such reasonable requests to prepare for the required reports and meetings of the Advisory Council.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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