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

D.C. Code § 42-2082: DHCD grant authority.

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Where this section sits in the code
  1. Title 42. Real Property.
  2. Chapter 20C. Relief for River East at Grandview Condominium Owners.

(a)

Notwithstanding part B of subchapter XII-A of Chapter 3 of Title 1, or its implementing rules under Chapter 50 of Title 1 of the District of Columbia Municipal Regulations (1 DCMR § 5000 et seq.), DHCD is authorized to enter into a grant agreement with NACA to provide financial relief for Property Owners seeking to obtain permanent housing.

(b)

The grant agreement may include that NACA:

(1)

Provide housing counseling services to Property Owners, including assessing Property Owners' permanent housing options and working with Property Owners to meet NACA's mortgage eligibility criteria;

(2)

Provide recommendations to the Mayor about the financial need for gap financing based on the assessments of the Property Owners;

(3)

Alongside the Mayor, seek relief for Property Owners' existing mortgages on the Property;

(4)

Provide affordable mortgage options to eligible Property Owners;

(5)

Waive any requirements against a Property Owner having an existing mortgage; provided, that the existing mortgage is on the Property; and

(6)

Not use credit score as the deciding factor for approving a Property Owner's mortgage.

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

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