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61 chapters · 1,419 sections in this title.
D.C. Code § 47-3501 Findings
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The Council of the District of Columbia finds that: (1) Homeownership can be afforded by very few lower income families in the District of Columbia. (2) Homeownership stabilizes families and, in turn, stabilizes neighborhoods, contributing to improved housing conditions and safer…
D.C. Code § 47-3502 Lower income homeownership households — Qualifications
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(a) In order to qualify as a lower income homeownership household in the District of Columbia, a lower income household must meet the following conditions: (1) The income of the household shall not be in excess of 120% of the lower income guidelines established pursuant to 42 U.S…
D.C. Code § 47-3503 Exemptions for qualifying lower income homeownership households and cooperative housing associations
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(a)(1) Deeds to property transferred to a qualifying lower income homeownership household shall be exempt from the deed recordation tax pursuant to § 42-1102, if it meets the requirements of § 47-3502. (2) Deeds to property transferred to a cooperative housing association, as tha…
D.C. Code § 47-3504 Exemptions for qualifying lower income homeownership households and cooperative housing associations — Administration and enforcement
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(a) The Mayor shall assume that a shared equity financing agreement meets the requirements of §§ 47-3502 and 47-3503 if the persons acquiring qualified ownership interests in the property pursuant to the shared equity financing agreement certify that the agreement is intended to …
