2021 District of Columbia Code
Title 42 - Real Property
Chapter 25 - District Government Employee Housing Assistance
Subchapter II - Negotiated Employee Affordable Housing
§ 42–2521. Negotiated Employee Affordable Home Purchase Fund

Universal Citation: DC Code § 42–2521 (2021)

(a) There is established as a special fund the Negotiated Employee Affordable Home Purchase Fund ("Fund"), which shall be administered by the Department of Housing and Community Development in accordance with subsection (c) of this section.

(b) There shall be deposited into the Fund:

(1) Amounts the District is required to allocate pursuant to a collective bargaining agreement to fund the Negotiated Employee Affordable Home Purchase Program ("NEAHP Program") that is administered by the Department of Housing and Community Development and the Office of Labor Relations and Collective Bargaining with the assistance of the Greater Washington Urban League, Inc.; and

(2) Any required repayment to the District of a financial award made through the NEAHP Program.

(c) The Fund shall be used to provide financial assistance to District government employees pursuant to the terms of the applicable collective bargaining agreement and the NEAHP Program.

(d)(1) The money deposited into the Fund shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.

(2) Subject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.

(Sept. 11, 2019, D.C. Law 23-16, § 2002, 66 DCR 8621.)

Emergency Legislation

For temporary (90 days) creation of this section, see § 2002 of the Fiscal Year 2020 Budget Support Congressional Review Emergency Act of 2019 (D.C. Act 23-112, Sept. 4, 2019, 66 DCR 11964).

For temporary (90 days) creation of this section, see § 2002 of the Fiscal Year 2020 Budget Support Emergency Act of 2019 (D.C. Act 23-91, July 22, 2019, 66 DCR 8497).

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