{"data":{"id":"us-dc/d.c.-code-42-2623","jurisdiction":"us-dc","citation":"D.C. Code § 42-2623","heading":"Eligibility.","body":"(a)\nAn applicant shall be eligible for the Home Purchase Assistance Step Up Program if the applicant:\n(1)\nIs a District of Columbia resident;\n(2)\nIs the head of the household and will occupy the property to be purchased with assistance from the program as his or her primary residence;\n(3)\nHas a satisfactory credit rating as shall be defined by rules deemed necessary to carry out the purposes of this subchapter;\n(4)\nHas adequate income to qualify for a mortgage from a private lender;\n(5)\nHas sold or otherwise disposed of all interests in any other real property before the closing of any loan under this subchapter;\n(6)\nHas insufficient assets to pay the down payment or reasonable closing costs, or both, without assistance from this program;\n(7)\nWould have liquid assets not exceeding the limit established by the Mayor by rulemaking, after purchasing property under this subchapter or through this program; and\n(8)\nMeets qualifying income levels as provided by regulation.\n\n(b)\nProperty shall be eligible for the Home Purchase Assistance Step Up Program if the property:\n(1)\nIs an existing single family residence in the District of Columbia;\n(2)\nMeets the requirements of the Construction Codes promulgated pursuant to the Construction Codes Approval and Amendments Act of 1980, effective February 2, 1987 (D.C. Law 6-216; 12 DCMR) and the Housing Regulations of the District of Columbia, effective August 11, 1955 (C.O. 55-1503; 14 DCMR Chapters 1-14); and\n(3)\nHas a purchase price that neither exceeds the maximum price requirement established by rulemaking nor the appraised value of the property.","path":["Title 42. Real Property.","Chapter 26. Home Purchase Assistance Fund.","Subchapter II. Step Up Program."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/42-2623","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"47afc62c2ffac46298b08588ece583a09a572ea60fa4f79a5b251c88139285fe","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-42-2622","next":"us-dc/d.c.-code-42-2624"},"notice":"GroundRules: Original legal text. Not legal advice."}