D.C. Code § 42-2803.01(Perm): Annual report by Mayor.

*NOTE: This codification is not the most current, due to recent law changes. To see the current law (including emergency and temporary legislation, if relevant) click this link: Current Version*

No later than April 1 of each fiscal year, the Mayor shall transmit to the Council a Housing Production Trust Fund Annual Report. The report shall include the following information:

(a)

No later than April 1 of each fiscal year, the Mayor shall transmit to the Council a Housing Production Trust Fund Annual Report. The report shall include the following information:

(1)

The amount of money expended from the Housing Production Trust Fund during the prior fiscal year;

(2)

The number of loans and grants legally obligated during the prior fiscal year;

(3)

The number of low-income, very low-income, and extremely low-income households and individuals assisted through Fund legal obligations;

(4)

A list of each project on which funds from the Fund were legally obligated, including, for each project:

(A)

A brief description of the project, including the name of the project sponsor;

(B)

The amount of money legally obligated to the project;

(C)

Whether the money was legally obligated in the form of a loan or a grant; and

(D)

The general terms of the loan or grant;

(5)

The amount and percentage of funds legally obligated to homeownership projects;

(6)

The amount and percentage of funds legally obligated to rental housing projects;

(7)

The amount and percentage of funds legally obligated to rental housing or homeownership opportunities for households with incomes at or below 30% of the area median income;

(8)

The amount and percentage of funds legally obligated to rental housing or homeownership opportunities for households with incomes at or below 50% of the area median income;

(9)

The amount and percentage of funds legally obligated to rental housing or homeownership opportunities for households with incomes at or below 80% of the area median income;

(10)

The number of housing units assisted, including the number of rental housing units assisted and the number of homeownership units assisted; and

(11)

The amount expended on administrative costs during the prior fiscal year.