Annual report by Mayor.
No later than April 1 of each fiscal year, the Mayor shall transmit to the Council a Housing Production Trust Fund Annual Report. The report shall include the following information: The amount of money expended from the Housing Production Trust Fund during the fiscal year; The number of loans and grants made during the fiscal year; The number of low-income, very low-income, and extremely low-income households and individuals assisted through Fund expenditures; A list of each project on which funds from the Fund were expended, including, for each project: A brief description of the project, including the name of the project sponsor; The amount of money expended on the project; Whether the money expended was in the form of a loan or a grant; and The general terms of the loan or grant; The amount and percentage of funds expended on homeownership projects; The amount and percentage of funds expended on rental housing projects; The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 30% of the area median income; The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 50% of the area median income; The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 80% of the area median income; The number of housing units assisted, including the number of rental housing units assisted and the number of homeownership units assisted; and The amount expended on administrative costs during the fiscal year. “(b) The Mayor shall include the affordable housing production report as a subunit of the Housing Production Trust Fund Annual Report required by section 4a of the Housing Production Trust Fund Act of 1988, effective April 19, 2002 (D.C. Law 14-114: D.C. Official Code § 42-2803.01).” “(11) The amount expended on administrative costs during the fiscal year. “(10) The number of housing units assisted, including the number of rental housing units assisted and the number of homeownership units assisted; and “(9) The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 80% of the area median income; “(8) The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 50% of the area median income; “(7) The amount and percentage of funds expended on rental housing or homeownership opportunities for households with incomes at or below 30% of the area median income; “(6) The amount and percentage of funds expended on rental housing projects; “(5) The amount and percentage of funds expended on homeownership projects; “(D) The general terms of the loan or grant; “(C) Whether the money expended was in the form of a loan or a grant; and “(B) The amount of money expended on the project; “(A) A brief description of the project, including the name of the project sponsor; “(4) A list of each project for which funds were expended, including, for each project: “(3) The number of low-income, very low-income, and extremely low-income households and individuals assisted through the expenditures; “(2) The number of loans and grants made during the fiscal year; “(1) The amount of money expended by the Department of Housing and Community Development for the acquisition and production of affordable housing during the fiscal year; “(a) The Mayor shall transmit to the Council an affordable housing production report that shall include the following information: “Sec. 2093. Affordable housing production report. Section 2093 of D.C. Law 18-223 provided: Section 1101 of D.C. Law 14-114 provided: “The Mayor, pursuant to Title I of the District of Columbia Administrative Procedure Act, approved October 21, 1968 (82 Stat. 1204; D.C. Official Code § 2-501 et seq.), shall promulgate rules to implement this act.”
Annotations
Mar. 16, 1989, D.C. Law 7-202, § 4a as added Apr. 19, 2002, D.C. Law 14-114, § 501(e), 49 DCR 1468 Sept. 14, 2011, D.C. Law 19-21, § 2042, 58 DCR 6226 Short title: Section 2041 of D.C. Law 19-21 provided that subtitle E of title II of the act may be cited as “Affordable Housing Annual Reporting Amendment Act of 2011”. For temporary (90 day) addition of section, see § 2093 of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542). D.C. Law 19-21 substituted “No later than April 1” for “Within 60 days after the end”.
Sourced from the DC Council Open Law Library (public domain).
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