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ENGROSSED ORIGINAL
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A BILL 1
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26-545 3
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IN THE COUNCIL OF THE DISTRICT OF COLUMBIA 5
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To amend the Relief for River East at Grandview Condominium Owners Act of 2024 to provide 9
housing relief to certain owners and former owners of the River East at Grandview 10
Condominiums by establishing eligibility for Home Purchase Assistance Program grants, 11
converting existing Home Purchase Assistance Program loans to grants, and limiting the 12
affordability covenant period for former owners Inclusionary Zoning and Accessory 13
Dwelling ownership units to 15 years; and to address related tax considerations and 14
reporting requirements. 15
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BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, 17
That this act may be cited as the “River East at Grandview Homeownership Relief and 18
Restoration Amendment Act of 2026”. 19
Sec. 2. The Relief for River East at Grandview Condominium Owners Act of 2024, 20
effective September 18, 2024 (D.C. Law 25-217; D.C. Official Code § 42–2081 et seq.) is 21
amended as follows: 22
(a) Section 2132 (D.C. Official Code § 42–2081) is amended as follows: 23
(1) A new subsection (c-1) is added to read as follows: 24
“(c-1) “Former Property Owner” means an individual who purchased a condominium 25
unit at the River East at Grandview Condominiums between July 2017 and March 2019 and who 26
no longer owns that unit. 27
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(2) Paragraph (l) is amended by striking the period and inserting the phrase “and purchased 28
the condominium unit between July 2017 and March 2019.” in its place. 29
(b) A new Section 2135 is added to read as follows: 30
“Sec. 2135 HPAP loan conversion to grant and shortening the length of IZ or ADU 31
affordability covenant for Property Owners and Former Property Owners 32
“(a) DHCD shall provide relief under this section to Property Owners or Former Property 33
Owners as follows: 34
(1) DHCD shall make Property Owners or Former Property Owners who have 35
not purchased another primary residence since leaving the Property eligible for HPAP assistance, 36
pursuant to the Home Purchase Assistance Fund Act of 1978, effective September 20, 1978 37
(D.C. Law 2-135; D.C. Official Code § 42–2601 et seq.), in the form of a grant toward the 38
purchase of a primary residence in the District of Columbia. The Property Owner or Former 39
Property Owner shall be excluded from credit requirements for the HPAP program. 40
(2) DHCD shall convert outstanding HPAP loans for Property Owners or Former 41
Property Owners who previously received HPAP assistance to purchase a primary residence in 42
the District of Columbia into grants. This provision shall not apply to any subsequent purchase 43
beyond the first primary residence. 44
(A) DHCD and the Office of Tax and Revenue shall record any release, 45
modification, or other instrument necessary to reflect the conversion in the land records. 46
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(3) DHCD shall award HPAP grants of up to $50,000 to be used towards the 47
payment of a primary residence mortgage principal balance, in the form of a recast or refinance 48
of the current mortgage, for Property Owners or Former Property Owners who purchased a 49
primary residence in the District of Columbia without HPAP assistance. This provision shall not 50
apply to any subsequent purchase beyond the first primary residence. 51
(4) A Property Owner or Former Property Owner who has purchased, or will 52
purchase, an IZ or ADU unit as their next primary residence under 14 DCMR § 2200 et seq. shall 53
receive priority when applying for an IZ or ADU ownership unit. The affordability covenant on 54
that unit shall terminate 15 years after the date the Property Owner or Former Property Owner 55
closed on a condominium unit at the Property. This provision applies only to the first qualifying 56
unit and does not apply to any later purchases. DHCD shall record and make publicly available 57
the termination of any covenant under this paragraph. 58
“(b) Notwithstanding any other provision of law: 59
(1) Any amount received under this section shall be excluded from District gross 60
income for purposes of Title 47 of the District of Columbia Official Code; and 61
(2) Any amount realized by reason of the conversion or forgiveness of an HPAP 62
loan under subsection (a)(2) shall also be excluded from District gross income for purposes of 63
Title 47 of the District of Columbia Official Code. The Office of Tax and Revenue shall issue 64
guidance to implement this subsection. 65
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“(c) By September 1, 2027, and annually thereafter through Fiscal Year 2032, DHCD 66
shall submit to the Council a report identifying: 67
(1) The number of individuals receiving relief and the total amount of relief 68
received under each paragraph of subsection (a); 69
(2) The ward in which each grant recipient purchased a property; and 70
(3) Any administrative or fiscal challenges in implementing this section. 71
“(d) Nothing in this section shall be construed to create an entitlement or to require the 72
District to make payments in excess of funds appropriated for the purpose of this section.”. 73
Sec 3. Applicability 74
This act shall sunset after December 31, 2032. 75
Sec. 4. Fiscal impact statement. 76
The Council adopts the fiscal impact statement in the committee report as the fiscal 77
impact statement required by section, 602(c)(3) of the District of Columbia Home Rule Act, 78
approved December 24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(3)). 79
Sec. 5. Effective date. 80
This act shall take effect following approval by the Mayor (or in the event of veto by the 81
Mayor, action by the Council to override the veto), a 30-day period of congressional review as 82
provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 83
24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of 84
Columbia Register. 85