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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - District of Columbia Code Division VII. Property. § 42-3404.36. Assignment of District rights. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-vii-property/dc-code-sect-42-3404-36/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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