District of Columbia Statutes

§ 42-2064 — Duties of the Task Force.

District of Columbia·Title 42 Real Property.·Ch. 20A Limited-Equity Cooperative Task Force.

Within 180 days after the appointment of all members, the Task Force shall submit to the Council a comprehensive report on:

(1)Policy and legislative recommendations related to how the District can help stabilize, strengthen, and preserve existing LECs, as well as how the District can best support the formation of new LECs;
(2)Funding options and sources to assist in the formation of new LECs and to provide technical support and assistance to LEC members and LEC boards in the District;
(3)How to establish appropriate government oversight to ensure that LEC boards have the necessary financial and structural management resources to help them succeed and prosper; and
(4)Any other identified needs or requirements for the successful formation and preservation of LECs in the Dist

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