Subchapter I. General Provisions.
§ 42–2801. Definitions.
For the purposes of this chapter, the term:
(1)(A) “Area median income” means:
(i) For a household of 4 persons, the area median income for a household of 4 persons in the Washington Metropolitan Statistical Area as set forth in the periodic calculation provided by the United States Department of Housing and Urban Development;
(ii) For a household of 3 persons, 90% of the area median income for a household of 4 persons;
(iii) For a household of 2 persons, 80% of the area median income for a household of 4 persons;
(iv) For a household of one person, 70% of the area median income for a household of 4 persons;
(v) For a household of more than 4 persons, the area median income for a household of 4 persons, increased by 10% of the area median income for a family of 4 persons for each household member exceeding 4 persons (e.g., the area median income for a family of 5 shall be 110% of the area median income for a family of 4; the area median income for a household of 6 shall be 120% of the area median income for a family of 4).
(B) Any percentage of household income referenced in this chapter (e.g., 80% of household income) shall be determined through a direct mathematical calculation and shall not take into account any adjustments made by the United States Department of Housing and Urban Development for the purposes of the programs it administers.
(1A) “Board” means the Housing Production Trust Fund Board established under § 42-2802.01.
(1B) “Child development facility” means a facility where a child development program is provided for infants and children, away from home, for less than 24 hours a day for each infant or child, and which is to be located on a proposed housing or commercial project under a linked development agreement. The term “child development facility” shall include a child development center, child development home, or infant care center, but does not include a public or private elementary school engaged in legally required education and related functions.
(1C) Repealed.
(1D) “Department” means the Department of Housing and Community Development.
(1E) “Distressed neighborhood” means a United States Census Tract that the Mayor has determined to be distressed pursuant to § 42-2802.02(e), after considering the median sales price, median home appreciation rate, poverty rate, homeownership rate, and other factors the Mayor deems reasonable.
(2) “District” means the District of Columbia.
(2A) “Eligible household” means a household that, at the time of its purchase of a qualified housing unit, had total annual income at or below 120% of the area median income; provided, that the annual incomes of eligible households assisted through an allocation of proceeds from the Housing Production Trust Fund shall not exceed 80% of the area median income.
(3) “Extremely low income” means a household income equal to 30% or less of the area median income.
(4) “Fund” means the Housing Production Trust Fund established pursuant to § 42-2802.
(4A) “Future sales price” means the greater of any contract sales price or a value equal to 90% of the fair market appraised value determined within 6 months of the date of resale by a licensed appraiser of an affordable for-sale unit produced pursuant to this chapter.
(5) “Housing production” means the construction, rehabilitation, or preservation of decent, safe, and affordable housing.
(5A) “Land Trust Plan” means the District of Columbia Workforce Housing Land Trust Design and Implementation Plan, as amended and approved by subchapter III-A of Chapter 10 of Title 6 [§ 6-1061.01 et seq.].
(6) “Low income” means a household income equal to, or less than, 80% of the area median income and greater than 50% of the area median income.
(7) “Moderate income” means a total income equal to between 50% and 80% of the Standard Metropolitan Statistical Area median as certified by the Department.
(8) “Nonprofit housing developer” means a housing developer who qualifies as a nonprofit organization under 26 U.S.C. § 501(c)(3).
(8A) “Preexisting equity” means the discounted price determined as the difference between an initial contract sales price and the fair market appraised value at the time of the initial sale or the amount of public subsidy provided pursuant to this chapter that was invested in the creation of the affordable housing unit.
(8B) “Resale restrictions” means the parameters that govern the allowable sale of an affordable for-sale unit produced pursuant to this chapter.
(9) “Targeted population” means low and moderate income families and individuals, including the elderly, people with disabilities, and single parent families.
(9A) “Very low income” means a household income equal to, or less than, 50% of the area median income and greater than 30% of the area median income.
(10) “WMATA” means Washington Metropolitan Area Transit Authority.
(11) “Workforce Housing Land Trust” means the tax-exempt organization selected by the Deputy Mayor for Planning and Economic Development to administer the pilot program pursuant to § 6-1061.02(b).
(12) “Workforce Housing Production Program Approval Act” means subchapter III-A of Chapter 10 of Title 6 [§ 6-1061.01 et seq.].
§ 42–2802. Housing Production Trust Fund established.
(a) There is established the Housing Production Trust Fund as a permanent revolving special revenue fund within the Governmental Funds of the District apart from the General Fund consisting of identifiable, renewable, and segregated capital, which shall be administered by the Department to provide assistance in housing production for targeted populations.
(b) The Fund shall be used to provide:
(1) Pre-development loans for nonprofit housing developers;
(2) Grants for architectural designs for adaptive re-use of previously nonresidential structures;
(3) Loans to develop housing and provide housing services for low- and very low-income elderly persons who have special needs;
(4) Bridge loans and gap financing to reduce up-front costs and costs of residential development and to keep a housing project in operation, if circumstances change adversely during development;
(5) Loans for first-effort model projects;
(6) Financing for the construction of new housing, or rehabilitation or preservation of existing housing;
(7) Financing for site acquisition, construction loan guarantees, collateral, or operating capital;
(8) Loans or grants to finance on-site child development facilities for proposed housing or commercial development projects;
(8A) Loans authorized through the Homestead Housing Preservation Program in § 42-2107;
(8B) Payments to a person contracted to perform services under § 42-2105.01;
(9) Other loans and grants for housing production determined by the Department to be consistent with the purposes of this chapter;
(10)(A) Funds for the administration of the Fund, not to exceed 15% per fiscal year of the funds deposited into the Fund pursuant to subsection (c) of this section; and
(B) Costs associated with the application or implementation of projects pursuant to § 42-2858.01 shall not be considered administration of the Fund for purposes of this paragraph[; and]
(11)(A) Funds for the New Communities Initiative as that term is defined in subparagraph (B) of this paragraph; provided, that the use of the funds for the initiative is consistent with the provisions and purposes of this section and meets the requirements of § 42-2812.03(d) and the rules promulgated pursuant to this chapter.
(B) For the purposes of this paragraph, the term “New Communities Initiative” means a large scale and comprehensive plan, submitted by the Mayor to the Council for approval, that provides housing infrastructure with a special focus on public housing, provides critical social support services, decreases the concentration of poverty and crime, enhances access to education, and provides training and employment education to neighborhoods where crime, unemployment, and truancy converge to create intractable physical and social conditions.
(b-1)(1) At least 40% of the funds obligated to new projects for a future expenditure from the Fund during a fiscal year shall be for the purposes of assisting in the provision of housing opportunities for very low-income households, which includes individuals who have previously been incarcerated for or convicted of a felony under state or federal law and who are otherwise entitled to services and assistance pursuant to this chapter, including maximizing the possibility of home ownership. The Mayor shall submit a written request to the Council for a waiver of the 40% requirement if, by the last day of the 3rd quarter of the fiscal year, the Mayor has not received a sufficient number of viable housing proposals. The Council shall approve or disapprove the waiver by resolution within 30 days, and the resolution shall be deemed disapproved if the Council does not act within this 30-day period.
(2) At least 50% of the funds obligated to new projects for a future expenditure from the Fund during a fiscal year shall be for the purposes of assisting in the provision of housing opportunities for extremely low-income households, including maximizing the possibility of home ownership. The Mayor shall submit a written request to the Council for a waiver of the 50% requirement if, by the last day of the 3rd quarter of the fiscal year, the Mayor has not received a sufficient number of viable housing proposals. The Council shall approve or disapprove the waiver by resolution within 30 days, and the resolution shall [be] deemed disapproved if the Council does not act within this 30-day period.
(3) At least 50% of the funds obligated to new projects for a future expenditure from the Fund during a fiscal year shall be for the purposes of assisting in the provision of rental housing. The Mayor shall submit a written request to the Council for a waiver of the 50% requirement if, by the last day of the 3rd quarter of the fiscal year, the Mayor has not received a sufficient number of viable rental housing proposals. The Council shall approve or disapprove the waiver by resolution within 30 days, and the resolution shall be deemed approved if the Council does not act within the 30-day period.
(b-2)(1) An amount not to exceed $16 million of the funds deposited into the Fund may be used by the Mayor to secure bonds issued for the benefit of the New Communities Initiative or other purposes consistent with the Housing Production Trust Fund uses and pursuant to subsection (b)(11) of this section; provided, that securitization above $16 million may only occur upon certification by the Mayor that resources are needed to fulfill the New Communities projects.
(2) Council authorization by act shall be required for any amount above $16 million in the Fund to secure financing for the New Community Initiative or other purposes consistent with the Housing Production Trust Fund uses.
(3) This subsection shall not apply to the new issuance of bonds after May 1, 2013.
(b-3) Notwithstanding any other provision of this chapter or any other law to the contrary, $4 million of the funds deposited into the Fund may be made available by the Mayor to the Workforce Housing Land Trust. The uses of the funds shall be governed exclusively by the provisions of the Land Trust Plan and the requirements of subchapter III-A of Chapter 10 of Title 6 [§ 6-1061.01 et seq.].
(b-4)(1) Notwithstanding any other provision of this chapter or any other law, the Mayor may transfer an amount not to exceed $18 million from the Fund to the Rent Supplement Fund established by § 6-226(d)(1), for the purpose of funding in fiscal year 2012 the assistance programs set forth in §§ 6-226 through 6-229.
(2) None of the funds transferred to the Rent Supplement Fund pursuant to paragraph (1) of this subsection shall be used for administrative costs.
(3) If, pursuant to the Contingency for Additional Estimated Revenue Act of 2011, effective September 20, 2012 (D.C. Law 19-168; 59 DCR 8025) [Subtitle P of Title VII of D.C. Law 19-21], the appropriation for the District of Columbia Housing Authority is increased by an amount by which a revised revenue estimate exceeds the revenue estimate of the Chief Financial Officer of the District of Columbia dated February 28, 2011, the transfer set forth in paragraph (1) of this subsection shall be reduced by an equal amount.
(b-5) Repealed.
(b-6) Notwithstanding any provision of []this chapter] or any other law, the Mayor may in Fiscal Year 2024 transfer the following from the Fund:
(1) $4 million to the Home Purchase Assistance Program; and
(2) $2 million to the Neighborhood-Based Activities Program to support the Heirs Property Program.
(c) There shall be deposited in the Fund:
(1) Fee option contributions made by commercial developers under a commercial linked development policy to be established by statute by the Council;
(2) Community development program contributions made pursuant to subchapter I of Chapter 7 of Title 26, as determined by the Superintendent of Banking and Financial Institutions in consultation with the Department;
(3) Appropriated amounts;
(4) Grants, fees, donations, or gifts from public and private sources;
(5) Repayments of principal and interest on loans provided from the Fund;
(6) Proceeds realized from the liquidation of security interests held by the District under terms of assistance provided from the Fund;
(7) Interest earned from the deposit or investment of monies from the Fund;
(8) All revenues, receipts, and fees of whatever source derived from the operation of the Fund;
(9) Repealed.
(10) Any fee or portion of an application fee that the Zoning Commission, by rule, may require an applicant for a Planned Unit Development to pay when the applicant proposes a housing production option or fee option in connection with a planned unit development application, to the extent that the Zoning Commission designates that the fee or portion of that fee shall be allocable to the Fund;
(11) Available community development block grants;
(12) Repealed.
(13) Repealed.
(14)(A) Repayments of loans, including principal and interest, provided under § 42-2107; and
(B) Proceeds realized from the liquidation of any security interests held by the District under the terms of assistance provided from the fund through the Homestead Housing Preservation Program established in Chapter 21 of this title;
(15) $5 million on October 1, 2002;
(16) Beginning October 1, 2003, amounts deposited pursuant to §§ 47-919 and 42-1122.
(16A) Repealed.
(17) All fines collected pursuant to § 6-1041.03, which shall be used exclusively to fund the Mayor’s purchase of dwelling units for sale or rental to eligible households as authorized by § 6-1041.04(c); and
(18) As of April 16, 2020, all fees above $692,000 annually collected pursuant to §§ 42-3402.04 and 42-3509.10.
(c-1) [Not funded].
(d) The Department shall:
(1) Periodically review Fund revenue sources to determine what additional revenue sources may be required to assure the continuation of the Fund and its programs and shall request Council action to access revenue sources otherwise unavailable to the Department;
(2) File with the Chairperson of the Council committee with oversight jurisdiction over the Department of Housing and Community Development quarterly reports on activities and expenditures, which shall include a list of the Fund loan repayments due and paid during the reporting period and identify all developers who are not in compliance with loan agreement terms.
(2A) Create and maintain a publicly available database of all Fund loans, which shall include loan agreements with the name of the developer, date of the award, loan amount, interest rate, number of affordable housing units created with the loan, income levels served by the housing units, period of time units shall remain affordable, and status of the developer's compliance with the loan agreement.
(3) Conduct annual audits, publish annual reports, hold public hearings, and make annual assessments of the continued housing needs of targeted populations;
(4) Monitor for compliance written agreements entered into by the Department and commercial developers pursuant to this chapter;
(5) Provide outreach and housing production counseling and technical assistance to individuals or groups interested in producing housing for targeted populations as provided in § 42-2803(b);
(6) Encourage profit and nonprofit developers to produce housing units of 3 or more bedrooms designed to accommodate large families and to produce child development facilities in a housing development;
(7) Give priority to nonprofit housing developers for receipt of loans from the Fund;
(8) Notwithstanding any other applicable law, ensure that the provisions of § 42-2802.02 are enforced; and
(9) Within 10 business of written notification to the selected applicants that one or more proposals received in response to a Request for Proposals ("RFP") has been selected for further underwriting to produce new affordable housing or to preserve existing affordable housing, the Department shall release to the Council:
(A) A written report that provides aggregated information on the affordable housing units that would be produced or preserved from all proposals that met the Department's minimum requirements, including the number of housing units proposed in the following categories:
Affordability Level | Total Number of Proposed Units | |
Selected Project Proposals | All Project Proposals that Met Minimum Requirements | |
Extremely low income | ||
Very low income | ||
Low income | ||
Total Affordable Units |
(B) The total number of project proposals received;
(C) The total number of project proposals that met the Department's minimum requirements;
(D) For the project proposals selected for further underwriting by the Department, the:
(i) Names of all corporate entities and related principals with a proposed ownership interest in the project's ownership entity that are known at the time of the application;
(ii) Funding amount requested for each project;
(iii) Percentage contribution of the Fund amount compared to the project's total funding sources;
(iv) Total number of affordable housing units per project proposal;
(v) Number of extremely low-income housing units per project proposal, the number of very low-income housing units per project proposal, the number of low-income housing units per project proposal, and the amount of Local Rent Supplement assistance proposed for the project;
(E) The median for any score derived from the criteria outlined in the RFP used to rank projects that met the Department's minimum requirements; and
(F) A written rationale for the selection of each project ultimately selected by the Department for further underwriting, including any score derived from the criteria outlined in the RFP used to rank projects, and an explanation of any cause for a deviation in the final selections announced by the Department from the ranking based on the criteria outlined in the RFP alone, including distribution of housing units in planning areas with unmet affordability needs and the efficient utilization of available funding sources.
(d-1) All information included in the quarterly reports submitted pursuant to subsection (d)(2) of this section shall be consistent with the District's internal accounting reporting systems and the Comprehensive Annual Financial Report.
(e) Money in the Fund shall not be used in connection with any property identified in section 2(a) of the Historic Preservation of Derelict District Properties Act of 2016, effective March 11, 2017 (D.C. Law 21-223; 64 DCR 182).
(f)(1) In the fiscal year before a fiscal year in which Fund dedicated tax revenues will be collected, the Department may solicit proposals and rank recipients in funding order for the expenditure of those tax revenues that will be dedicated to the Fund in the next fiscal year; provided, that the dedicated tax revenues are not otherwise committed or appropriated for other purposes and are certified in the approved financial plan for the next fiscal year.
(2) Repealed.
§ 42–2802.01. Housing Production Trust Fund Board.
(a) There is hereby established a Housing Production Trust Fund Board. The Board shall advise the Mayor on the development, financing, and operation of the Fund and other matters related to the production of housing for low-income, very low-income, and extremely low-income households. The Board may review the uses of the Fund for their conformity with the purposes of this chapter and the Board shall have reasonable access to records related to the Fund to perform this review.
(b) The Board shall be composed of 9 members, selected as follows:
(1) One member shall be a representative of the financial services industry.
(2) One member shall be a representative of the nonprofit housing production community.
(3) One member shall be a representative of the for-profit housing production industry.
(4) One member shall be a representative of an organization that advocates for the production, preservation, and rehabilitation of affordable housing for lower-income households.
(5) One member shall be a representative of the low-income tenant association.
(6) One member shall be a representative of an organization that advocates for people with disabilities.
(7) The remaining 3 members shall have significant knowledge of an area related to the production, preservation, and rehabilitation of affordable housing for lower-income households.
(c) The members of the Board shall be appointed by the Mayor within 50 days of April 19, 2002, with the advice and consent of the Council.
(d) The terms of the members of the Board shall be 4 years; provided, that of the initial 9 members of the Board, the Mayor shall appoint 5 members to serve 2-year terms.
(e) No member of the Board may serve more than 2 terms.
(f) The Chairperson of the Board shall be designated by the Mayor with the advice and consent of the Council.
§ 42–2802.02. Maintaining affordability.
(a) A rental unit constructed pursuant to this chapter shall remain affordable for a period of 40 years or a longer period selected by the developer.
(b)(1) Except as provided in subsection (c) of this section, a for-sale unit constructed pursuant to this chapter shall remain affordable for 180 months or a longer period selected by the developer, in accordance with section 2218 of Title 14 of the District of Columbia Municipal Regulations (14 DCMR § 2218). If a for-sale unit is sold before the affordability period expires, the new affordability term shall begin on the date of the sale.
(2) After the affordability period expires, there shall be no resale restrictions unless otherwise agreed to by the developer or a subsequent purchaser in an additional covenant negotiated pursuant to subsection (d) of this section. If no additional covenant exists after the affordability period expires, the purchaser shall repay all preexisting equity to the Housing Production Trust Fund established in § 42-2802; provided, that:
(A) Title to the property transferred from the purchaser to another party by a means other than inheritance; or
(B) Refinancing of indebtedness secured by the property results in any withdrawals of cash or equity value from the property by the purchaser/borrower.
(3) If the future sales price is not sufficient to pay off all deeds of trust, the customary seller’s closing costs, and the preexisting equity, the amount due to the Housing Production Trust Fund for the repayment of the preexisting equity shall be the amount available from the sale of the property after payment of all deeds of trust and customary seller’s closing costs.
(4) Repayment of the preexisting equity shall not be required upon the refinancing of indebtedness resulting in withdrawal of cash or equity value if the new loan, all other indebtedness, and the preexisting equity result in an amount that is less than 80% of the appraised value of the property.
(c)(1) A for-sale unit constructed pursuant to this chapter and located in a distressed neighborhood shall remain affordable for 60 months or a longer period selected by the developer, in accordance with section 2218 of Title 14 of the District of Columbia Municipal Regulations (14 DCMR § 2218). If a for-sale unit is sold before the affordability period expires, the new affordability term shall begin on the date of the sale.
(2) After the affordability period expires, there shall be no resale restrictions unless otherwise agreed to by the developer or a subsequent purchaser in an additional covenant negotiated pursuant to subsection (d) of this section. If no additional covenant exists after the affordability period expires, the purchaser shall repay all preexisting equity to the Housing Production Trust Fund; provided, that:
(A) Title to the property transferred to another party by a means other than inheritance; or
(B) Refinancing of indebtedness secured by the property results in any withdrawals of cash or equity value from the property by the purchaser/borrower.
(3) If the future sales price is not sufficient to pay off all deeds of trust, the customary seller’s closing costs, and the preexisting equity, the amount due to the Housing Production Trust Fund for the repayment of the preexisting equity shall be the amount available from the sale of the property after payment of all deeds of trust and customary seller’s closing costs.
(4) Repayment of the preexisting equity shall not be required upon the refinancing of indebtedness resulting in withdrawal of cash or equity value if the new loan, all other indebtedness, and the preexisting equity results in an amount that is less than 80% of the appraised value of the property.
(5) When a resident or developer submits an application for development of a property with affordable for-sale units that is located in a distressed neighborhood, this subsection shall apply for a period of 3 years regardless of any subsequent changes to the determination of whether a neighborhood is distressed under subsection (e) of this section.
(d) Nothing in this chapter shall prohibit a developer from making the developer’s properties subject to affordability periods that are longer than those minimum affordability periods required under subsections (b) and (c) of this section, including for developments such as limited equity cooperatives, land trusts, and shared equity models. These covenants may require the developer or purchaser to repay additional amounts if terms of the covenant are not satisfied.
(e)(1) The Mayor shall make the determination of distressed neighborhoods on an annual basis by rulemaking pursuant to Chapter 5 of Title 2 [§ 2-501 et seq.] and a map identifying all distressed neighborhoods shall be included in the annual Consolidated Action Plan submitted to the Department of Housing and Urban Development, which is the annual plan associated with the 5-Year Consolidated Plan.
(2) For the first determination of distressed neighborhoods under this subsection, the proposed rules shall be promulgated as part of the next Consolidated Action Plan developed after March 10, 2015, and submitted to the Council for a 45-day period of review, excluding Saturdays, Sundays, legal holidays, and days of Council recess. If the Council does not approve or disapprove the proposed rules, in whole or in part, by resolution within this 45-day review period, the proposed rules shall be deemed approved.
(3) The Mayor shall use as a baseline for the determination of distressed neighborhoods those United States Census Tracts with a poverty rate of 20% and may add or remove United States Census Tracts designated as distressed considering the median sales price, median home appreciation rate, homeownership rate, and other factors deemed reasonable by the Mayor.
§ 42–2803. Coordination of housing programs for targeted populations; community outreach.
(a) The Department shall establish a one-stop center to:
(1) Assist nonprofit housing developers;
(2) Assist housing developers and commercial developers in housing production for targeted populations; and
(3) Provide to potential housing developers easy and adequate access to information on housing production programs.
(b) There is established, within the Department, the Nehemiah Community Housing Opportunity Program (“Nehemiah Program”), a pilot project to provide grants, loans, and available land to eligible nonprofit organizations in accordance with this section.
(1) Real property shall be transferred from the RLA Revitalization Corporation to qualified nonprofit organizations (“qualified applicants”) pursuant to subsection (c) of this section.
(2) To be eligible, a nonprofit organization shall:
(A) Comply with the guidelines and procedures established by the Nehemiah Program;
(B) Be a neighborhood-based nonprofit organization;
(C) Propose to construct or substantially rehabilitate not less than 50 single family homes located in a targeted area;
(D) Provide for the involvement of local residents in the planning and construction of homes;
(E) Provide for a systematic effort of door-to-door canvassing in the immediate area where the nonprofit organization is located to offer Nehemiah Program houses to residents for homeownership;
(F) Accumulate or establish a plan to accumulate $300,000 in non-District funds through membership fees, donations, or gifts;
(G) Propose construction methods that will reduce the cost per square foot below the average per square foot construction cost in the market area involved;
(H) Demonstrate market demand by utilizing the residents of the neighborhood in which the nonprofit organization is located as homebuyers of Nehemiah Program homes;
(I) Develop a marketing plan that includes a range of affordable prices that includes a 20% set aside for very low-income purchasers; and
(J) Provide technical assistance to the homebuyer in the areas of financial management, legal rights attendant to homeownership, and other aspects of homeownership.
(3) The Department shall grant a qualified applicant the exclusive right to develop land specified in the development plan submitted by the applicant.
(4) A qualified applicant shall be eligible for a $1,000,000 loan, partially funded through loans from the Fund, at a below market rate set by the Department.
(5) Each single family home sold through the Nehemiah Program shall be sold to a person who:
(A) Is a first-time homebuyer or who has not owned a home in the previous 3 years;
(B) Will occupy the home as his or her principal place of residence for at least 5 years; and
(C) Agrees not to sell, convey, lease, or otherwise alienate the home, or place liens or encumbrances on the home, for a 5-year period commencing on the date of property settlement and ending on the 5th anniversary of the settlement date without the written approval of the Mayor. The Mayor, by rule, shall establish appropriate alienation fees to be assessed against a homeowner who alienates a home purchased pursuant to the Nehemiah Program in violation of this paragraph. Alienation fees shall not take priority over mortgage liens.
(6) Qualified purchasers of Nehemiah Program homes shall be eligible for up to $25,000 in grants or loans, depending on the income of the purchaser and purchase price of the home.
(7) Grants shall be repaid to the Fund if the purchaser sells, conveys, leases, or otherwise alienates the home.
(c) The Department shall develop an annual community outreach plan, which shall promote maximum visibility of the Fund and its operations and full participation by District, developers, lenders, and District residents who request assistance under this chapter.
§ 42–2803.01. Annual report by Mayor.
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.
§ 42–2804. Rules.
Rules to implement this chapter shall be promulgated by the Mayor pursuant to subchapter I of Chapter 5 of Title 2, and submitted to the Council within 90 days after March 16, 1989 for a 45-day review period, excluding Saturdays, Sundays, legal holidays, and days of Council recess. If the Council does not approve or disapprove the proposed rules, in whole or in part, within this 45-day review period, the proposed rules shall be deemed approved.
§ 42–2805. Net zero energy requirements for subsidized projects.
*NOTE: This section was created by temporary legislation that will expire on May 1, 2025.*
(a)(1) Beginning no later than October 1, 2025, any request for housing proposals involving the Fund shall include a requirement that proposals for new construction of 50,000 square feet or more receiving Fund support must satisfy EGCC element 5.4, "Achieving Zero Energy," or an equivalent standard as determined by the Department in consultation with the Department of Buildings.
(2) Notwithstanding paragraph (1) of this subsection, the Department may accept proposals that satisfy EGCC element 5.2b, "Moving to Zero Energy: Near Zero Certification," or an equivalent standard as determined by the Department in consultation with the Department of Buildings, if the Director of the Department issues a written finding that this lesser standard is necessary to ensure affordable housing development in the immediate term and includes the basis for this finding.
(b) Beginning no later than October 1, 2025, any request for housing proposals involving the Fund shall include a requirement that proposals for new construction of 50,000 square feet or more receiving Fund support must satisfy EGCC element 5.5b, "Moving to Zero Carbon: All Electric," or an equivalent standard as determined by the Department in consultation with the Department of Buildings.
(c) Nothing in this section shall be construed to limit the applicability of any other environmental standards, including Chapter 14A of Title 6.
(d) This section shall expire upon the effective date of final regulations promulgated pursuant to § 6-1453.01(b)(1).
(e) For purposes of this section, "EGCC" means the 2020 Enterprise Green Communities Criteria issued by Enterprise Community Partners.