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22 chapters · 436 sections in this title.
D.C. Code § 26-431.01 Short title
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This chapter may be cited as the “Community Development Act of 2000”.
D.C. Code § 26-431.02 Definitions
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For the purposes of this chapter, the term: (1) “CFO” means the Chief Financial Officer of the District of Columbia, established by § 1-204.24a. (1A) “Community development” means: (A) Affordable housing (including single-family and multi-family rental housing and homeownership) …
D.C. Code § 26-431.03 Community needs obligation
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A financial institution shall have a continuing and affirmative obligation to meet the credit needs of its local communities, including low-income and moderate-income area, consistent with the safe and sound operation of the financial institution.
D.C. Code § 26-431.04 Community development plan requirement
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(a)(1) A financial institution shall submit a community development plan stating the financial institution’s plans for meeting the credit and financial services needs of the residents of the District, particularly in designated development areas. A financial institution shall sub…
