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Chairman Linda W. Cropp at the request of the Mayor
A PROPOSED BILL IN THE COUNCIL OF THE DISTRICT OF COLUMBIA
Chairman Linda W. Cropp, at the request of the Mayor, introduced the following bill, which was referred to the Committee on Economic Development.
To amend the District of Columbia Home Purchase Assistance Fund Act of 1978 to eliminate the residency requirement for participation in the Home Purchase Assistance Program (HPAP) to allow persons and families who reside outside of the District access to the program; to provide access to HPAP for persons and families who have higher income levels; and to provide priority access to the HPAP program for persons or families who are residents of the District of Columbia.
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, that this act may be cited as the "Home Purchase Assistance Fund Amendment Act of 1998".
Sec. 2. The Home Purchase Assistance Fund Act of 1978, effective September 12, 1978, D.C. Law 2-103, D.C. Code §45-2201 (1996 Repl.), as amended, is amended as follows:
(a) Section 2 (D.C. Code §45-2201) is amended by striking the phrase "the residents of the District of Columbia of lower and moderate incomes" and inserting the phrase "low and moderate income persons and families seeking to purchase homes in the District of Columbia," in its place.
(b) Section 5(b)(D.C. Code §45-2204(b)) is amended as follows:
Sec. 3 Fiscal Impact.
The Fiscal Impact Statement is attached as a separate document and incorporated herein.
Sec. 4 Effective date.
This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council of the District of Columbia to override the veto), approval by the Financial Responsibility and Management Assistance Act as provided in section 203(a) of the District of Columbia Financial Responsibility and Management Assistance Authority Act of 1995, approval April 17,1995 (109 Stat. 116; D.C. Code §47-392.3(a)), and a 30-day Congressional review period as provided in section 602(c)(1) of the District of Columbia Self-Government and Governmental Reorganization Act, approved December 24, 1973 (87 Stat. 813; (D.C. Code, sec 1-233(c)(1)) and publication in the District of Columbia Register.
Government of the District of Columbia
Attached is the final proposed legislation to amend the District of Columbia Home Purchase Assistance Fund Act of 1978. I have incorporated all of the changes we discussed and agreed upon. The draft amends the Act to eliminate District Residency as a requirement to participate in the program as long as the participant purchases a home in the District to live in as their primary residence. District residents are, however, given priority placement in the program, as well as low income, elderly, handicapped, disabled or displaced applicants.
The proposed legislative amendment is legally sufficient. Your memorandum transmitting this legislation to the Office of Intergovernmental Affairs should note that the legislation was prepared by the Office of the Corporation Counsel so that OIA will not be expecting a legal sufficiency review. I look forward to working with you as we work through amending the Act. As always, I remain at your service.
OFFICE OF THE CHIEF FINANCIAL OFFICER
1. SPONSOR Department of Housing and Community Development
2. BILL NUMBER
3. TITLE Home Purchase Assistance Fund Act of 1978
The Home Purchase Assistance Program (HPAP) enables low and moderate income District residents to purchase affordable housing located in Washington, D.C. HPAP provides financial assistance to qualified applicants for the purchase of a home.
What does the proposed legislation expect to accomplish or change, and which agency(s) is affected?
The amendment of the Home Purchase Assistance Fund of 1978 will eliminate the residency requirement for participation in the Home Purchase Assistance Program (HPAP) to allow individuals and families who reside outside of the District access to the program; to provide access to HPAP for individuals who have higher income levels and to provide priority access to the HPAP program for applicants who are residents of the District of Columbia.
FTS(s), volumes of units to bed processed, unit costs, duration, specifics, limits, etc.?
The implementation of the amendment will not require additional funds during fiscal year 1998, however, the program will generate tax revenue for the District.
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