{"data":{"id":"us-dc/d.c.-code-10-834","jurisdiction":"us-dc","citation":"D.C. Code § 10-834","heading":"Subsidies.","body":"(a)\nThe Mayor may offer a subsidy as part of the RFP for the disposition of a bundle of property to:\n(1)\nAttain a clearly stated affordability component; or\n(2)\nMake feasible the rehabilitation and resale or rental of the property at market price.\n\n(b)\nIf the Mayor offers a subsidy as part of an RFP, the subsidy shall be stated as a maximum available amount. The amount of subsidy requested and the affordability levels achieved shall be weighed when determining the points awarded to an offeror.\n\n(c)\nThere is established, under the authority of the Mayor, a designated and nonlapsing account into which proceeds from the sale of bundled properties may be deposited, which shall remain available until expended and the balance of which shall not exceed one million dollars, that shall be used to:\n(1)\nFinance or subsidize the sale of other bundled properties; and\n(2)\nAcquire additional parcels of property.","path":["Title 10. Parks, Public Buildings, Grounds, and Space.","Chapter 8. Sale of Public Lands.","Subchapter II. Special Disposal Procedures for Certain Properties."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/10-834","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"d23bf27e6b38e3888c78817a7505ec5bad5c264d79b9fa0d3605522f5b775c29","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-10-833","next":"us-dc/d.c.-code-10-835"},"notice":"GroundRules: Original legal text. Not legal advice."}