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D.C. Municipal Regulations (Last Updated: September 13, 2017) |
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Title 14. HOUSING |
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Chapter 14-92. HOUSING CHOICE VOUCHER/HOME OWNERSHIP ASSISTANCE PROGRAM (HCV/HOAP) |
Section 14-9202. DEFINITIONS
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9202.1"Cooperative" - A cooperative is defined as housing owned by a nonprofit corporation or association and where a member of the corporation or association has the right to reside in a particular apartment and to participate in the management of the housing.
9202.2"Cooperative Member" - A Cooperative member is defined as a family in which one or more members own membership shares in a cooperative.
9202.3"DCHA" - means District of Columbia Housing Authority or any successor agency, thereto.
9202.4"Disabled Family" - means a household whose head, spouse, or sole member is a person with a disability. It may include two or more persons with disabilities living together, or one or more persons with disabilities living with one or more live-in aides.
9202.5"Elderly Person" - One who is at least 62 years of age.
9202.6"Eligible Family" - an Eligible Family is a household of one or more persons that meets the minimum eligibility requirements set forth in Section 9203.
9202.7"Elderly Family" - A household whose head or spouse or whose sole member is at least 62 years of age or a disabled person as defined in this Section. A Family may include two or more elderly or disabled persons living together or one or more such persons living with another person who is determined to be essential to his or her care and well being.
9202.8"Family Self-Sufficiency Program" - Family Self-Sufficiency program or FSS program means the program established by a PHA within its jurisdiction to promote self-sufficiency among participating families, including the provision of supportive services to these families, as authorized by Section 23 of the 1937 Act.
9202.9"Full-time Basis" means at least 30 hours per week.
9202.10"HCV/HOAP" means the Housing Choice Voucher/Home Ownership Assistance Program operated by the District of Columbia Housing Authority. Within this document "HCV/HOAP" and "HOAP" are used interchangeably.
9202.11"HOAP Subsidy" or "HCV/HOAP Assistance" means the home ownership subsidy assistance for payment to a mortgage lender on behalf of a Participating Family as provided through the Housing Choice Voucher program in the amount as determined under Subsection 9212.2.
9202.12"HOAP Applicant Family" - An Eligible Family that has been issued a Certificate of Completion and is in the process of obtaining a Preliminary Certificate of Assistance; Mortgage Pre-approval; Home Search Authorization; Final Certificate of Assistance.
9202.13"HOAP Participating Family" - A HOAP Applicant Family who has completed all the steps necessary to the purchase of a home and closed on their mortgage loan.
9202.14"Housing Choice Voucher Program" or HCVP or HCV program means the rental assistance program established by Section 8 of the 1937 Housing Act in its entirety, unless otherwise specified.
9202.15"Income Eligible Family" - A Family that meets the eligibility requirements set forth in Subsection 9203.2(c).
9202.16"Lease-Purchase Agreement" - A lease-purchase agreement is a lease agreement with an option to purchase a property entered into between a property owner and a tenant with the objective of the tenant having a right to exercise the right to purchase the leased property within a specified period time.
9202.17"Membership Share" - Membership share is defined as ownership of a share of a cooperative that gives the shareowner the right to reside in a particular unit in the cooperative and the right to participate in management of the housing.
9202.18"Participating Lender" - A lender who has agreed to participate in the HCV/HOAP and provide loans to borrowers under the terms and conditions of this program. Additionally, participating lenders agree to make loans to Participating HOAP Families which comply with the regulations herein, and are characterized by reasonable interest rates and repayment terms.
9202.19"Payment Standard" - The maximum monthly assistance payment for a Family as determined in accordance with Chapter 83 of this Title 14.
9202.20"Total Tenant Payment" - The amount toward a mortgage payable by a tenant which shall be determined in accordance with Chapter 83 of this Title 14.