District Of Columbia § 2-1210.04 - Minimum eligibility requirements for participating financial institutions, capital access loans, and lines of credit.
Full text of District Of Columbia D.C. Code § 2-1210.04 — Minimum eligibility requirements for participating financial institutions, capital access loans, and lines of credit., with citation guidance and answers to common questions.
§ 2-1210.04. Minimum eligibility requirements for participating financial institutions, capital access loans, and lines of credit.
2-1210.04To participate in the Capital Access Program, a financial institution shall, at a minimum, enter into a participation agreement with the Mayor that sets out the terms and conditions under which the financial institution will make contributions to the financial institution’s reserve account and specifies the criteria for a loan to qualify as a capital access loan. A participation agreement executed by the Mayor pursuant to this subchapter shall include provisions to implement the limitations set forth in .
To qualify as a capital access loan, a loan shall, at a minimum:
Be made to a small business, a medium-sized business, or a nonprofit organization;
Be used by the business or nonprofit organization for any project, activity, or enterprise in this District of Columbia that fosters economic development;
Not exceed $5 million; and
Meet any other criteria provided by this subchapter.
To qualify for participation in the Capital Access Program, a line of credit shall:
Be an account at a financial institution under which the financial institution agrees to lend money to a person from time to time to finance one or more projects, activities, or enterprises that are authorized by this subchapter; and
Contain the same restrictions, to the extent possible, that are placed on a capital access loan that is not a line of credit.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 2-1210.04
What does D.C. Code § 2-1210.04 cover?
Section 2-1210.04 ("Minimum eligibility requirements for participating financial institutions, capital access loans, and lines of credit.") 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 § 2-1210.04?
A common citation format is "D.C. Code § 2-1210.04" (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 § 2-1210.04 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.