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The DC Code: § 42-3404.36 Assignment of District rights.

Index42 Real Property. (Refs & Annos)

The Mayor may assign the opportunity to purchase provided under this subchapter to a person that:

1
Demonstrates the capacity to own and manage, either by itself or through a management agent, the housing accommodation and related facilities for the remaining useful life of the housing accommodation; and
2
Agrees to obligate itself and any successors in interest to maintain the affordability of the assisted housing development as required by § 42- 3404.33.

Historical and Statutory

Legislative History of Laws For Law 17-286, see notes following § 42-3404.31. DC CODE § 42-3404.36 Current through December 11, 2012

Credits

(Sept. 10, 1980, D.C. Law 3-86, § 436, as added Dec. 24, 2008, D.C. Law 17-286, § 2, 55 DCR 11989.)