Section 10-B3802. ALLOCATION OF FUNDS FOR SPECIAL PROGRAMS

 

3802.1The Agency may from time to time, establish Special Programs on the basis of the following:

 

(a)The availability of adequate funds;

 

(b)The effect of the allocation on the marketability of the Agency's Bonds;

 

(c)The requirements of the Act and the Internal Revenue Code of 1954, as amended, and applicable I.R.S. regulations regarding the use of Bond proceeds;

 

(d)The effect of the allocation in achieving the Agency's housing goals in the District; and

 

(e)Other criteria that may be established by the Agency.

 

 

 

authority

Section 306 of the District of Columbia Housing Finance Agency Act of 1979, effective March 3, 1979, (D.C. Law 2-135; D.C. Official Code § 42-2703.06 (2012 Repl.)) (Act), and 10-B DCMR § 3508.1.

source

Final Rulemaking published at 30 DCR 4930, 4933 (September 23, 1983); as amended by Final Rulemaking published at 61 DCR 4156 (April 25, 2014).