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

D.C. Code § 42-2624: Assistance.

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Where this section sits in the code
  1. Title 42. Real Property.
  2. Chapter 26. Home Purchase Assistance Fund.
  3. Subchapter II. Step Up Program.

(a)

Assistance available pursuant to this subchapter is limited to a one-time loan of up to $15,000 with a maximum 20-year amortized term.

(b)

The interest rate shall be 3%, unless otherwise provided by the Mayor by rulemaking.

(c)

The Mayor shall establish underwriting guidelines, including loan amounts and repayment terms, by rulemaking.

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

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