District Of Columbia § 10-834 - Subsidies.
Full text of District Of Columbia D.C. Code § 10-834 — Subsidies., with citation guidance and answers to common questions.
§ 10-834. Subsidies.
10-834The Mayor may offer a subsidy as part of the RFP for the disposition of a bundle of property to:
Attain a clearly stated affordability component; or
Make feasible the rehabilitation and resale or rental of the property at market price.
If 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.
There 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:
Finance or subsidize the sale of other bundled properties; and
Acquire additional parcels of property.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 10-834
What does D.C. Code § 10-834 cover?
Section 10-834 ("Subsidies.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 10-834?
A common citation format is "D.C. Code § 10-834" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 10-834 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.