District Of Columbia § 42-2603(Perm) - Availability; use prescribed by Mayor.

Full text of District Of Columbia D.C. Code § 42-2603(Perm) — Availability; use prescribed by Mayor., with citation guidance and answers to common questions.

§ 42-2603(Perm). Availability; use prescribed by Mayor.

42-2603(Perm)

*NOTE: This codification is the most current, due to recent law changes. To see the current law (including emergency and temporary legislation, if relevant) click this link: *

(a)

The Fund shall be available without fiscal year limitation for the purpose of providing financial assistance for down payments or interim financing to recipients for the purpose of purchasing or securing housing, including single family homes, condominium units, or occupancy rights to cooperative housing in the District of Columbia as their principal place of residence and of providing financial assistance to District of Columbia government employees eligible under the District of Columbia Employer-Assisted Housing Program to purchase a home in the District of Columbia. Under terms and conditions prescribed by the Mayor of the District of Columbia (“Mayor”), the Fund shall be used for making loans and providing other forms of financial assistance. The assistance provided pursuant to the Fund may be used in conjunction with other available home assistance programs.

(b)
(1)

DHCD shall maintain and publish a Program dashboard, which shall include, at a minimum, the total Program funding available, excluding administrative costs, as of the date of updating the dashboard.

(2)

DHCD shall update the dashboard every 5 business days when the level of available Program funding is at $5 million or above and every 2 business days when the level of available Program funding is below $5 million.

(c)

If Program funding is depleted before the end of the fiscal year in which an applicant receives a notice of eligibility, the notice of eligibility shall remain valid through at least the end of the following fiscal year.

Annotations

Section 1101 of repealed the District of Columbia Employer-Assisted Housing Act of 1992, .

Repeal of Law 9-118

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 42-2603(Perm)

What does D.C. Code § 42-2603(Perm) cover?

Section 42-2603(Perm) ("Availability; use prescribed by Mayor.") 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 § 42-2603(Perm)?

A common citation format is "D.C. Code § 42-2603(Perm)" (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 § 42-2603(Perm) 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.