D.C. Mun. Regs. tit. 14, r. 14-2403
Current through Register Vol. 71, No. 49, December 6, 2024
The Mayor shall not exercise the opportunity to purchase unless at least twenty-five percent (25%) of the Rental Units in the Housing Accommodation are Affordable Rental Units.
When determining whether to exercise the opportunity to purchase a Housing Accommodation, the Mayor shall consider whether a Housing Accommodation meets the selection criteria published in the D.C. Register by the Agency and modified as necessary.
The Mayor shall have thirty (30) days from receipt of the Offer of Sale to provide the Owner with a written statement of interest and to send a copy of the written statement of interest to the Tenants.
D.C. Mun. Regs. tit. 14, r. 14-2403