D.C. Code § 47-4811

Current through codified legislation effective October 30, 2024

Section 47-4811 - Look-back requirement

As soon as practicable after the first tranche of credits is sold during the pilot period, the Department shall provide a report to the Mayor and the Council on the credit program, including:

(1) A list of projects financed with the low-income housing tax credits;

(2) The number of affordable units per transaction and the level of affordability per unit;

(3) Copies of the basic development budget or budgets, also known as the "DHCD 202"; and

(4) The syndication rate for each credit sold.

D.C. Code § 47-4811

Added by D.C. Law 20-155,§ VII-O-7142, 61 DCR 9990, eff. 2/26/2015.