{"data":{"id":"us-dc/d.c.-code-6-1061.04","jurisdiction":"us-dc","citation":"D.C. Code § 6-1061.04","heading":"Authority to transfer moneys from the Housing Production Trust Fund and the industrial revenue bond special account.","body":"(a)\nThe Mayor may make a one-time transfer of $4 million from the Housing Production Trust Fund to such accounts or sub-accounts as may be established pursuant to the trust agreement to be entered into pursuant to 6-1061.02(e) [now (f)].\n\n(b)\n(1)\nThe Mayor may make a one-time transfer of $1 million from the industrial revenue bond special account established under § 47-131(c)(4) to such accounts or sub-accounts as may be established pursuant to the trust agreement to be entered into pursuant to 6-1061.02(e) [now (f)]. The funds transferred pursuant to this subsection may be used to assist eligible households whose annual incomes do not exceed 120% of the area median income.\n(2)\nFor the purposes of this subsection, the terms “area median income” and “eligible households” shall have the same meanings as provided in § 42-2801.","path":["Title 6. Housing and Building Restrictions and Regulations.","Chapter 10. Community Development.","Subchapter III-A. Workforce Housing Production Program.","Part A. Workforce Housing Land Trust Design and Implementation Plan."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/6-1061.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"4e7985c6eb98d07e40d31c5b74f6a9fdaa8440cb71f2b53211bf50b5c139cf59","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-6-1061.03","next":"us-dc/d.c.-code-6-1062.01"},"notice":"GroundRules: Original legal text. Not legal advice."}