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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 14-9219. TRANSFERS FROM HOMEOWNERSHIP TO RENTAL ASSISTANCE
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9219.1Criteria for a Transfer. At DCHA's discretion, a household may be allowed to switch back from the HCV/HOAP to rental assistance under the Housing Choice Voucher Program, if the household meets the following criteria:
(a)The Participant Family has not defaulted on a mortgage loan while participating in the DCHA HCV/HOAP;
(b)The Participant Family has met all of its obligations while participating in the HCV/HOAP; and
(c)The Participant Family sells the home and thereafter vacates the home; or
(d)The household conveys the title to the home to HUD, an approved designee or representative of the lender, or to DCHA. The household shall sign a Conveyance Acknowledgment Notice, indicating the requirement to completely transfer and convey the property, and such notice shall be acceptable to the mortgage lender.
9219.2Approval of Rental Voucher. If the household is approved for transfer from the HCV/HOAP, the Housing Choice Voucher Program shall issue the household a rental voucher and the household shall complete the normal voucher rental unit search process. During the period the household is searching for a rental unit, if no mortgage default has occurred and all other program requirements have been satisfied, the HCV/HOAP shall continue to provide the household with home ownership subsidy.
9219.3Termination of all Assistance. If the household fails to transfer or convey the property as provided hereinabove, resulting in foreclosure of the property, the HCV/HOAP payment shall be terminated and the HCVP shall not provide the household with rental assistance. If a rental assistance lease has commenced, the Housing Choice Voucher Program shall terminate both the household’s Housing Choice Voucher and the rental assistance payment.
9219.4No concurrent assistance. A household member who owns an interest in the home cannot receive both HCV/HOAP and rental assistance concurrently, except as provided in 9219.2 above.