Current through codified legislation effective September 18, 2024
Section 42-2067.03 - Membership [Not Funded.](a) The composition of the Advisory Council shall be as follows: (1) Up to 6 resident-owner representatives, each of whom who is currently a board member of an LEC in the District; provided, that no 2 residents shall be from the board of the same LEC;(2) Two representatives from a community-based organization, including: (A) One of whom has experience in the formation of LECs, including the legal and organizational structure of the LEC; and(B) One of whom has experience in ongoing technical assistance required to sustain LECs;(3) One representative from a property management company that manages cooperatives in the District;(4) One representative from a development company that develops cooperatives in the District;(5) One representative from a financial entity that specializes in the financing of LECs;(6) One attorney who has experience working with LECs;(7) One individual who has conducted significant academic research on LECs in the District and elsewhere in the United States;(8) Other representatives appointed by the Chairperson of the Council committee responsible for housing issues;(9) One representative from the Department of Housing and Community Development ("DHCD"); and(10) One representative from the District of Columbia Housing Finance Agency.(b) The Chairperson of the Council committee responsible for housing issues shall appoint the:(1) Chair of the Advisory Council; and(2) Advisory Council representatives designated in subsection (a)(1) through (8) of this section.(c) The members of the Advisory Council shall: (1) Serve for a period of 2 years;(2) Either reside or work in the District; and(3) Serve without compensation.(d) Meetings of the Advisory Council shall be open to the public.(e) The Advisory Council shall meet at least 6 times each year.(f) The Advisory Council may request administrative support from the Director of DHCD, who shall provide support as the Director of DHCD and not as a member of the Advisory Council for all such reasonable requests to prepare for the required reports and meetings of the Advisory Council.Added by D.C. Law 24-243,§ 4, 69 DCR 015091, eff. 2/23/2023.