Section 10-B3806. ELIGIBLE MORTGAGORS

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3806.1The Agency may purchase or originate Mortgage loans or Mortgage-backed securities made to eligible persons and families who satisfy the requirements of §103 and § 141 through 150 of the Internal Revenue Code of 1986, as amended, applicable I.R.S. regulations, and the Act and who meet certain additional criteria or goals as may, from time to time, be established by the Agency in its Program Documents.

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, 4935 (September 23, 1983); as amended by Final Rulemaking published at 61 DCR 4156 (April 25, 2014).

                    
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