District Of Columbia § 8-1778.42 - Qualification for loans.
Full text of District Of Columbia D.C. Code § 8-1778.42 — Qualification for loans., with citation guidance and answers to common questions.
§ 8-1778.42. Qualification for loans.
8-1778.42To qualify for a loan from the National Capital Energy Fund, the property owner shall file with the administrator a loan application including the following:
The amount of loan requested;
The agreement of the property owner to pay the full amount of the Special Assessment;
A description of the Energy Efficiency Improvements that the property owner proposes to install and an estimate of the cost of the installation;
An Energy Efficiency Audit from an auditor approved by the Administrator stating the amount of energy and water used by the subject property and the amount of the energy, water, and stormwater to be saved by the property owner through the installation of the Energy Efficiency Improvements, shall include in its calculation of savings reasonable estimates of:
Energy and water price inflation likely in the future utility costs of the property; and
Additional energy savings expected from the property owner’s selection of Energy Efficiency Improvements when replacing equipment using energy or water.
A statement establishing that the value of the savings from the installation of the Energy Efficiency Improvement is reasonably expected to equal or exceed the amount of the principal of, and interest on, the Energy Efficiency Loan and, if the property owner requests financing under , the cost of the Energy Efficiency Audit;
Credit information and information regarding the subject property as determined by the administrator;
Property owner certification that the Special Assessment will not violate any agreements with any other lender or provision of applicable lender consents; and
Other information or documentation as the Administrator may deem necessary to evaluate a loan application.
The property owner shall pay a fee at the time of filing the application in an amount to be determined by the administrator to be sufficient to cover the cost of processing the application and making the Energy Efficiency Loan.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 8-1778.42
What does D.C. Code § 8-1778.42 cover?
Section 8-1778.42 ("Qualification for loans.") 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 § 8-1778.42?
A common citation format is "D.C. Code § 8-1778.42" (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 § 8-1778.42 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.