D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 10. PLANNING AND DEVELOPMENT |
SubTilte 10-A. COMPREHENSIVE PLAN |
Chapter 10-A5. HOUSING ELEMENT |
Section 10-A511. H-3 HOME OWNERSHIP AND ACCESS
-
511.1Home ownership gives individuals a stake in the community and a chance to share in its growing prosperity. It can help foster civic pride and engagement, improve family stability, and enhance support for local schools and services. Importantly, home ownership provides a long term asset to build long-term personal wealth. For these reasons, the District has had a long standing policy of helping its residents become homeowners, and promoting the construction of new owner-occupied housing in the city. 511.1
511.2An important part of ownership is access to financing and real estate opportunity. In the past, the practice of “redlining” (e.g., withholding home loan funds in certain neighborhoods) by certain lenders made it more difficult to secure home loans in parts of the city. Enforcement of Fair Housing practices is important not only to stop unfair lending practices, but also to address discrimination against renters, single parents, persons with AIDS, and others with special needs. 511.2
notation