District Of Columbia 2023 2023-2024 Regular Session

District Of Columbia Council Bill B25-0628 Introduced / Bill

Filed 12/14/2023

                    _______________________________ 1 
Councilmember Robert C. White, Jr. 2 
 3 
 4 
 5 
 6 
 7 
A BILL 8 
________ 9 
 10 
IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 11 
_______________ 12 
 13 
To amend, on an emergency basis, the Home Purchase Assistance Fund Act of 1978 to re	move 14 
new restrictions that are preventing prospective homeowners from using Home 15 
Purchase Assistance Program funding. 16 
 17 
BE IT ENACTED BY THE COUNCIL DISTRICT OF COLUMBIA, That this act may 18 
be cited as the “Home Purchase Assistance Program Protection Emergency Amendment Act of 19 
2023”. 20 
Sec. 2. Section 3a(a) of the Home Purchase Assistance Fund Act of 1978, effective July 21 
1, 2016 (D.C. Law 21-	139; D.C. Official Code § 42-	2602.01(a)), is amended by adding a new 22 
paragraph (3) to read as follows:  23 
“(3) Any applicant who received a notice of eligibility for the Program before 24 
October 11, 2023, and has not already received a loan, shall be eligible to receive loans that 25 
exceed 30% of the purchase price of a property or that exceed the amount of the first trust 26 
mortgage.”. 27 
Sec. 3. Fiscal impact statement. 28 
The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact 29 
statement required by section 4a of the General Legislative Procedures Act of 1975, approved 30 
October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-	301.47a). 31  2 
 
 
Sec. 4. Effective date. 32 
This act shall take effect following approval by the Mayor (or in the event of veto by the 33 
Mayor, action by the Council to override the veto), and shall remain in effect for no longer than 34 
90 days, as provided for emergency acts of the Council of the District of Columbia in section 35 
412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788; 36 
D.C. Official Code § 1-	204.12(a)). 37