32 chapters · 852 sections in this title.
D.C. Code § 2-1210.03 Capital Access Program establishment
0.4K chars
(a) There is established the Capital Access Program, to be administered by the Mayor, to assist financial institutions in making loans to businesses and nonprofit organizations that face barriers in accessing capital. (b) The Mayor shall determine the eligibility of a financial i…
D.C. Code § 2-1210.04 Minimum eligibility requirements for participating financial institutions, capital access loans, and lines of credit
1.4K chars
(a) To participate in the Capital Access Program, a financial institution shall, at a minimum, enter into a participation agreement with the Mayor that sets out the terms and conditions under which the financial institution will make contributions to the financial institution’s r…
D.C. Code § 2-1210.05 Provisions relating to capital access loans
1.4K chars
(a) Except as otherwise provided by this subchapter, the Mayor shall not determine the recipient, amount, or interest rate of a capital access loan or the fees or other requirements related to the loan. (b) A loan shall not be eligible to be enrolled under this subchapter if the …
D.C. Code § 2-1210.06 Reserve accounts
3.4K chars
(a) After entering into a participation agreement with the District of Columbia and upon approval by the Mayor, a financial institution making a capital access loan shall establish a reserve account. The reserve account shall be used by the financial institution only to cover any…