District Of Columbia § 42-3508.05 - Distressed property improvement plan.

Full text of District Of Columbia D.C. Code § 42-3508.05 — Distressed property improvement plan., with citation guidance and answers to common questions.

§ 42-3508.05. Distressed property improvement plan.

42-3508.05
(a)

Upon petition by the housing provider, the Mayor may initiate the development of a distressed property improvement plan utilizing any or all of the mechanisms in . The development of the plan shall involve the participation of the housing provider, the tenants or tenants’ association and may include the mortgagor.

(b)

A distressed property improvement plan may include, but not be limited to:

(1)

A schedule of repairs and capital improvements;

(2)

A schedule of services and facilities;

(3)

A schedule of rents and rent increases;

(4)

A schedule of mortgage payments which may reflect additional long-term loans to the housing provider for the housing accommodation;

(5)

A schedule of additional capital investment in the housing accommodation by the housing provider; and

(6)

A schedule of property tax payments, which may also reflect moratoria or deferrals on property tax payments and the abatement or deferral of up to 100% of any tax outstanding on the housing accommodation.

(c)

In the development of the distressed property improvement plan, the Mayor may consider:

(1)

The interests of tenants in achieving decent, safe, and sanitary housing at affordable rents;

(2)

The long-term interest of the housing provider in achieving a sound investment and a reasonable return on the housing provider’s investment;

(3)

The long-term interest of the mortgagor in achieving a financially secure mortgage; and

(4)

The long-term interest of the District in achieving a decent, safe, and sanitary housing accommodation which is fiscally sound and which generates and pays its fair property tax assessment.

Annotations

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

Frequently Asked Questions About District Of Columbia § 42-3508.05

What does D.C. Code § 42-3508.05 cover?

Section 42-3508.05 ("Distressed property improvement plan.") 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 § 42-3508.05?

A common citation format is "D.C. Code § 42-3508.05" (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 § 42-3508.05 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.