District Of Columbia 2023-2024 Regular Session

District Of Columbia Council Bill B25-0628 Compare Versions

OldNewDifferences
1- ENROLLED ORIGINAL
1+_______________________________ 1
2+Councilmember Robert C. White, Jr. 2
3+ 3
4+ 4
5+ 5
6+ 6
7+ 7
8+A BILL 8
9+________ 9
10+ 10
11+IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 11
12+_______________ 12
13+ 13
14+To amend, on an emergency basis, the Home Purchase Assistance Fund Act of 1978 to re move 14
15+new restrictions that are preventing prospective homeowners from using Home 15
16+Purchase Assistance Program funding. 16
17+ 17
18+BE IT ENACTED BY THE COUNCIL DISTRICT OF COLUMBIA, That this act may 18
19+be cited as the “Home Purchase Assistance Program Protection Emergency Amendment Act of 19
20+2023”. 20
21+Sec. 2. Section 3a(a) of the Home Purchase Assistance Fund Act of 1978, effective July 21
22+1, 2016 (D.C. Law 21- 139; D.C. Official Code § 42- 2602.01(a)), is amended by adding a new 22
23+paragraph (3) to read as follows: 23
24+“(3) Any applicant who received a notice of eligibility for the Program before 24
25+October 11, 2023, and has not already received a loan, shall be eligible to receive loans that 25
26+exceed 30% of the purchase price of a property or that exceed the amount of the first trust 26
27+mortgage.”. 27
28+Sec. 3. Fiscal impact statement. 28
29+The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact 29
30+statement required by section 4a of the General Legislative Procedures Act of 1975, approved 30
31+October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1- 301.47a). 31 2
232
333
4-
5-1
6-
7-
8-AN ACT
9-
10-_________________
11-
12-IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
13-
14-___________________________
15-
16-To amend, on an emergency basis, the Home Purchase Assistance Fund Act of 1978 to remove
17-new restrictions that are preventing prospective homeowners from using Home
18-Purchase Assistance Program funding.
19-
20-BE IT ENACTED BY THE COUNCIL DISTRICT OF COLUMBIA, That this act may
21-be cited as the “Home Purchase Assistance Program Protection Emergency Amendment Act of
22-2023”.
23-
24-Sec. 2. Section 3a(a) of the Home Purchase Assistance Fund Act of 1978, effective July
25-1, 2016 (D.C. Law 21-139; D.C. Official Code § 42-2602.01(a)), is amended by adding a new
26-paragraph (3) to read as follows:
27-“(3) Any applicant who received a notice of eligibility for the Program before
28-October 11, 2023, and has not already received a loan, shall be eligible to receive loans that
29-exceed 30% of the purchase price of a property or that exceed the amount of the first trust
30-mortgage.”.
31-
32-Sec. 3. Fiscal impact statement.
33-The Council adopts the fiscal impact statement of the Budget Director as the fiscal impact
34-statement required by section 4a of the General Legislative Procedures Act of 1975, approved
35-October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).
36-
37-Sec. 4. Effective date.
38-This act shall take effect following approval by the Mayor (or in the event of veto by the
39-Mayor, action by the Council to override the veto), and shall remain in effect for no longer than
40-90 days, as provided for emergency acts of the Council of the District of Columbia in section
41-
42-
43-
44-
45- ENROLLED ORIGINAL
46-
47-
48-
49-2
50-
51-
52-412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788;
53-D.C. Official Code § 1-204.12(a)).
54-
55-
56-______________________________
57-Chairman
58-Council of the District of Columbia
59-
60-
61-
62-
63-
64-_________________________________
65-Mayor
66-District of Columbia
67-
34+Sec. 4. Effective date. 32
35+This act shall take effect following approval by the Mayor (or in the event of veto by the 33
36+Mayor, action by the Council to override the veto), and shall remain in effect for no longer than 34
37+90 days, as provided for emergency acts of the Council of the District of Columbia in section 35
38+412(a) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 788; 36
39+D.C. Official Code § 1- 204.12(a)). 37